2011/1/11

Late afternoon: U.S. stocks rose in New York narrowed the storm approaching

U.S. stocks rose late on Tuesday narrowed. Japan announced it would buy the European bond market, the news concerns the debt crisis of the euro zone slowed. A storm is approaching New York City, started badly and corporate earnings season so that investors can not put a big bet on the market.

EDT at 15:24 on January 11, the Dow Jones industrial average rose 28.11 points to 11,665.56 points, or 0.24%; the Nasdaq composite index rose 6.34 points to 2,714.14 points, or 0.23%; the S & P 500 Index rose 3.39 points to 1,273.14 points, or 0.27%.

Dow component Hewlett-Packard (HPQ) rose 1.7% after UBS AG (UBS) investment grade the company's stock from "neutral" from "buy."

Dow component, aluminum giant Alcoa (AA) fell 1.2%, the company late Monday reported that aluminum prices and increased demand for its fourth quarter earnings exceeded expectations, and provide a more promising results objectives. But lower than expected sales growth.

Dow telecommunications stocks in general fell. Verizon Communications (VZ) fell 1.8%, AT & T (T) fell 1.8%, after Verizon Wireless announced that from next month is expected to start selling the new version iPhone 4 smart phone. This will end the 2007 Apple (AAPL) iPhone series phones since the launch of AT & T, the exclusive for this best-selling products to provide wireless network situation.