Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.

Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market News » A RALLY November to Wall Street

A RALLY November to Wall Street

Go down  Message [Page 1 of 1]

1 A RALLY November to Wall Street on Tue Nov 03, 2015 11:17 am


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
A RALLY November to DOW

Wall Street kicked off November with a stock-market rally that helped push the Dow industrials into positive territory as investors brushed off weak manufacturing data and focused instead on a spate of deals and earnings.
“With the little bit of merger activity, investors are getting excited by a November-December rally,” said Paul Nolte, portfolio manager at Kingsview Asset Management.
“Even though the [Federal Reserve] is talking about raising rates, global money is still very easy,” Nolte said, referring to investors’ worries that a move by the U.S. central bank to end easy-money policies which have helped fuel the yearslong stock rally would sap market momentum.

The S&P 500 SPX, +1.19%  rose 24.69 points, or 1.2%, to close at 2,104.05 with all 10 main sectors trading higher. It is the S&P 500’s first close above 2,100 since Aug. 17.
The bulk of gains on the index came from the health-care sector, which climbed 2%, thanks to a jump in biotechnology stocks. Energy shares also rallied 2.4% after oil prices recovered from earlier losses..........

see more at :

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum