Thursday, April 26, 2012
Apple helped increase profits Wall Street stock exchange
Liputan6.com, New York, expressed the great advantage of Apple and Boeing demonstrated stable returns to Wall Street on Thursday (26/4) morning. The increase is also supported by a slightly improved growth prospects of the U.S. Federal Reserve.
Apple Announces Results for surprise profit - net profit almost doubled year on year to 11.6 billion dollars - up 8.9 percent rise in the stock market and lifted the Nasdaq gained 2.3 percent.
Technology-heavy Nasdaq composite index ended 68.03 points higher at 3029.63. The Dow Jones Industrial Average of leading stocks (blue chips) rose 89.16 points (0.69 percent) to 13090.72, thanks to strong earnings from Boeing. Broad market S & P 500, Apple and Boeing, including up to 18.72 points (1.36 percent) to 1390.69.
Corporate earnings reports pushed the trade, the index jumped immediately after the opening, and for the majority of the shares in its profits during the entire session to be maintained.
There are some sales if the Federal Reserve refrained from any further action to stimulate economic growth after a policy review.
But the passion Bullis moved back after the Fed has a new growth forecast for this year is slightly brighter than ever before: central bank estimates 2.4 to 2.9 percent expansion without serious inflationary pressures. After the close of trading Tuesday, Apple said it had a profit of $ 11600000000 39200000000 for 31st in revenue during the quarter Of March. IPad sales more than doubled iPhone sales jumped 88 percent.
"Apple shares have become so significant that the vendors see it as almost a separate index, a leading indicator for the overall stock market," said Dick Green of Briefing.com.
Boeing shares rose 5.3 percent after the aircraft maker said its profit rose sharply by 58 percent in the first quarter.
But Caterpillar, the determination of the direction of the economy, its shares slipped 4.6 percent despite profit better than expected. Investors are disappointed that the company is to achieve the predicted benefits, although 25 percent failed.
Dow Chemical rose 4.2 percent after announcing a dividend increase, while the oil company Hess declined by 7.0 percent, after it recorded poor progress in increasing its production of oil fields in North Dakota.
The bond market fell. The yield on the 10-year Treasury rose to 1.98 percent from 1.96 percent on Tuesday, while the 30-year bond rose to 3.15 percent from 3.11 percent, according to AFP reports.
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