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Bonanza to the US stock market 1000 points up in the Dow Jones

The US exchanges went on Wednesday buoyed by a Rally in high - technology and retail values on a path to recovery. Bargain hunters increased after losses. Especially in late trading, investors were able to access strong in the case of stock, the last under the wheels. Traders said the hunt for cheap buying opportunities will likely to continue for a few days.

The Dow-Jones Index of the default values closed almost five per cent higher on 22.878 points. The Dow rose for the first time in a single trading session of more than 1000 points. The broader S&P 500 also rose nearly five percent to 2467 counter. The Index of technology exchange Nasdaq, in contrast, improved by 5.8 percent to 6554 points. For all three market barometer, it is the biggest percentage daily gain since July 23. In March 2009, as Bloomberg writes.

traders justified the price premiums also with a report by the credit card provider Mastercard. For around 850 billion dollars US customers, and bought accordingly in the holiday business. Compared with 2017, the revenue of the retailer increased by 1. November to 24. December to 5.1 percent. This is the highest figure for six years. The shipping retailer Amazon said it was a record sale. In the case of the single values, the shares of Amazon were up more than nine percent. The share certificates of the retailer Walmart increased in price by about five percent. Also the social network Facebook, the broker went again. The share price rocketed by around eight per cent in the height.

To the recovery on Wall Street are Manifestations of the economy contributed to the adviser of the US President, Donald Trump. A replacement of Central Bank chief Jerome Powell is not, in the words of Kevin Hassett to the debate. There is no risk that Powell lose his Post, Hassett said. Powell's Job was one hundred percent sure. Trump is worried that the Central Bank could stifle your interest rate increase in rate recovery of the US economy. He had criticized the Central Bank and the self-nominated Fed Chairman Powell, therefore, is always solid.

On the 25. December had called on U.S. President Trump to the share purchase: "Buy the dip", as its slogan.

uncertainty on Monday

On the 24. December had yielded to the indices between two and three percent. Investors were unsettled due to the recent developments in Washington.

the Background of the budget dispute between Trump and the opposition Democrats, has led to a partial authorities to a standstill, and in the short term, convened consultations of the Minister of Finance Steven Mnuchin with a crisis group made up of representatives of Supervisory authorities about the recent stock market downturn. In addition, Mnuchin of the leading US-banks to assure that they have sufficient liquidity for lending. (cpm/sda/Reuters)

Created: 27.12.2018, 06:36 PM

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