NEW YORK - Wall Street edged observed at close of trading Friday. However, investors remain cautious in the hope of the Greek bailout plan is approved.
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As dikutp from Reuters on Saturday (18/02/2012), The S & P closed positive on the sixth week throughout 2012, the index rose 8.2 percent recorded during the year. The Dow Jones rose 45.56 points, or 0.35 percent to 12949.64, S & P Index rose 3.17 points, or 0.23 percent, to 1361.21. While the Nasdaq Composite Index fell 8.07 points, or 0.27 percent, to 2951.78. So that it can be concluded during this week the Dow Jones rose 1.2 percent, the S & P 1.4 percent and the Nasdaq gained 1.7 percent.
Furthermore, at the close on Friday also encouraged a number of indices to be positive, including European stocks rise high enough. This is an outcome of positive sentiment from the planned meeting of finance ministers in the European zone, to approve funding amounting to 130 billion euro bailout for Greece. Equity markets also tend to react positively following the development of Greece to prevent default.
Wall Street shares also usually stop for a moment near the end of the earnings season, as the market was digesting the situation of financial statements. According to Thomson Reuters data, as many as 404 companies have reported their performance, where 64 percent of them exceeded expectations.
Other data showed U.S. gasoline prices jumped 0.9 percent in January, pushed overall consumer prices. (nia)
(RHS)
http://economy.okezone.com/read/2012/02/18/213/578025/wall-street-naik-tipis-jelang-keputusan-bailout-yunani
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