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Market Sentiment Is Cautious &Nbsp; Stock Market Basically Closed On Monday.

2010/10/12 10:37:00 32

New York Stock Market Index Remains Unchanged.

Due to lack of economic data and corporate earnings guidance for the market, 11 days.

New York stock market

A small concussion throughout the day, as of the closing, the three largest

Stock market index

Basically the previous trading day.

Fair


It was the Columbo Day holiday in the United States. Although the New York stock market was trading normally, government agencies took a day off and the bond market was not open.

Therefore, on the same day, there is no economic data announcement, investors' willingness to trade is not strong, and the market turnover is very light.


The US government released the September concern about the non farm employment report 8. The result was not as good as expected, but it increased the expectation that investors might take further actions to stimulate the economy of the Federal Reserve Committee.

Under this expected impact, the Dow Jones index has been above 11000 points for the first time in five months and gained support in the vicinity. Most of the time this day fluctuated in a small range above this point.


In addition, following the Alcoa Corp's first announcement of corporate earnings last week, the new round of corporate earnings season for us listed companies has officially started.

From 12 to this week, Intel, J.P. Morgan, Google and general electric companies will announce their performance this week. Investors are on the sidelines and hope that the good performance of the company will boost the stock market in the near future.


By the end of the New York stock market, the Dow Jones Industrial Average Index of 30 industrial stocks rose 3.63 points over the previous trading day, closing at 11010.11 points, or 0.03%.

The standard & Poor's 500 stock index rose 0.15 points to 1165.30 points, or 0.01%.

The Nasdaq composite index rose 0.42 points to 2402.33 points, or 0.02%.

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