US stocks have opened higher as investors took mixed economic data as a sign the Federal Reserve will not imminently scale back its bond-buying program.
Five minutes into trade, the Dow Jones Industrial Average rose 108.52 (0.73 per cent) to 15,018.66.
The broad-based S&P 500 added 10.18 (0.63 per cent) to 1,613.44, while the tech-rich Nasdaq Composite Index increased 20.55 (0.61 per cent) to 3,396.77.
The indexes extended two days of gains as the market bounces back from last week's steep declines.
New claims for US unemployment insurance benefits dropped 9,000 last week from the prior week to 346,000 for the week ended June 22.
But a personal income and spending report for May showed personal consumption, while higher compared with April, rose just 1.8 per cent year-over-year.
"This morning's economic data are more supportive of the view that the Fed can hold off on tapering than not," said Briefing.com analyst Patrick O'Hare.
Anda sedang membaca artikel tentang
US stocks open higher on mixed data
Dengan url
http://jamdindingin.blogspot.com/2013/06/us-stocks-open-higher-on-mixed-data.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
US stocks open higher on mixed data
namun jangan lupa untuk meletakkan link
US stocks open higher on mixed data
sebagai sumbernya
0 komentar:
Posting Komentar