2010/12/15

Midday: the major indexes were mixed

Midday on Wednesday the United States were mixed. U.S. economic data show that the situation had improved industrial production, inflation pressures in the doldrums, but the progress of the euro zone is still a new debt crisis by the downward pressure on the market.

At 12:10 on December 15 EST, the Dow Jones industrial average rose 31.72 points to 11,508.26 points, or 0.28%; the Nasdaq composite index rose 7.43 points to 2,635.15 points, or 0.28%; the S & P 500 Index fell 0.05 points to 1,241.54 points, down 0.00%.

On Tuesday the Dow rose in September 2008 after the closing high since, on Wednesday the Dow continued to climb. Dow component Caterpillar (CAT) rose 2.1%, 3M (MMM) rose 1.2%.

Among S & P 500 stocks, Amazon.com (AMZN) rose 2.2%, Urban Outfitters (URBN) rose 1.1% due to retail sales released Tuesday, the news than expected as investors continue to be inspired.

New York manufacturing activity index rose by promoting the industrial sector posted strong gains, Fastenal (FAST) rose 1.2%, Danaher (Danaher, DHR) rose 0.8%. Eaton Group (Eaton Corp, ETN) rose 1.1%. Data showed manufacturing activity in New York landlord, after shrinking in November, showing a strong growth in December. Another data shows that U.S. industrial output rebounded slightly in November, capacity utilization also rebounded.
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