9/8/10

Exchanges in America grows at the opening on the news from Europe

U.S. stock markets are showing positive momentum at the opening of trading environment due to the weakening of concerns about the state of the financial sector in Europe, according to data exchanges.

DJIA index at auction in New York as of 17:32 Moscow time has grown on 0,32% and amounted to 10 373.91 points. The index of wide market S & P 500 rose 0.27% and was at 1 094.82 points. NASDAQ index of technology companies added 0.45%, an increase of up to 2 219.28.

European stock indexes during the session at 17:30 Moscow time, grow to 0,1-0,5% due to reports from Portugal, whose government has successfully placed a three-year and ten-year bonds amounting to 1.04 billion euros.

"Today's news about the successful sale of debt bonds in Europe have brought little relief to the markets" - leads the agency Bloomberg opinions manager Pioneer Investments Roberto Campaign.

Federal Reserve System (FRS) the USA on Wednesday will publish a "Beige Book", which is the economic characteristics of industrial production, services, agriculture, financial institutions, labor market and real estate.

"Beige Book, likely to confirm that economic growth remains slow, - believes Standard Chartered Bank economist David Semmens. - The greatest concern for the Fed is the situation on the labor market. "

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