Wall Street Closes First Positive Week 2012

Wall Street Closes First Positive Week 2012

Wall Street stock market closed the first week by 2012, helped by positive economic data improving United States (USA), one of which is the rate that is almost touching the pengganguran the lowest point in three years.

The US economy was on the acceleration of recovery and now investors focus more to sentiment from the outside, the debt crisis in Europe.

"All the negative News from Europe throughout this week, and we (AS) will complete his (the crisis). I think it's a pretty good performance to the market situation, "said the head of the investment of Harbor Advisory Corp. Jack de Gan in Portsmouth, New Hampshire, quoted from Reuters, Thursday (7/1/2012).

In this week, the Dow Jones index grew by 1.2%, S & P up 1.6% and the Nasdaq Composite Index increased by 2.7%, confirmation came from sectors last year weakened enough.

U.s. Economic Data released this week showed no improvement in the unemployment rate, home ownership and the retail market. Especially the unemployment rate comes down far more than Government estimates.

In trading Friday local time, the Dow Jones and S & P weakened thin. Both were hit by negative sentiment will be high yield bonds Italy and Spain, coupled with strife in the Middle East.

Next week, Italy and Spain back to sell bonds. Investors wary as on pejualan before bonds hit Italy 7%, while the interest coupon bond 10 years Spain has also crept up to 5,758%.

Friday, the Dow Jones Index yesterday closed weakened 55,78 points (0.45%) to as low as 12.359 .92. Index S & P 500 Index was down 3.25″ points (0.25%) 6408.,81 Composite Index increased by 4.36 points Nasdaq (0.16%) to as low as 2.674 .22.

Trading Volume was still thin, only about 6.3 billion shares diperdagangan on the New York Stock Exchange, Nasdaq and Amex, as compared with average daily transactions last year 7,84 billion pieces.