NEW YORK: Despite being flushed on Thursday (01/03/2013) bond policy response of the Fed, the U.S. stock market closes this weekend to be in the green zone.
The S & P 500 closed up 0.5%, at 1466.47, surpassing its highest level in September 2012. The index has surged 117% since hitting its lowest level since 2009 is 676.53.
Meanwhile, the Dow Jones Industrial Average rose 43.85 points, or 0.3%, at 13435.21. More than 6.1 billion shares traded on U.S. exchanges or in accordance with a mean of 3 months.
"This is not the work of a very strong market but this improvement and this situation will continue in the future," said Greg Woodard, A strategist at Manning & Napier in Fairport New York.
According to him, the market was aware of the factors outside help. The Fed continues to provide plenty of liquidity.
"We've got some resolutions amid much uncertainty while we barusaha that uncertainty will go down in 2 months," he added.
The S & P 500 closed up 0.5%, at 1466.47, surpassing its highest level in September 2012. The index has surged 117% since hitting its lowest level since 2009 is 676.53.
Meanwhile, the Dow Jones Industrial Average rose 43.85 points, or 0.3%, at 13435.21. More than 6.1 billion shares traded on U.S. exchanges or in accordance with a mean of 3 months.
"This is not the work of a very strong market but this improvement and this situation will continue in the future," said Greg Woodard, A strategist at Manning & Napier in Fairport New York.
According to him, the market was aware of the factors outside help. The Fed continues to provide plenty of liquidity.
"We've got some resolutions amid much uncertainty while we barusaha that uncertainty will go down in 2 months," he added.
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