in the world market stage, asia is opening price and dow is closing price.
On 6/1/09, Pak AA <pakaa2...@gmail.com> wrote:
> *U.S. investors took their cues from overseas markets,
>
> *Asia ikut IHSG yg naik > 4%.
> Eropa ikut Asia. DJI ikut Asia+Eropa ...
>
> 2 thumbs buat bozz Jkt
>
> NEW YORK (AP) -- Stocks are starting June with a gain, as upbeat data on
> overseas manufacturing and U.S. consumer spending added to hopes for a
> global economic recovery.
> Related Quotes
> Symbol Price Change
> CSCO 19.08 +0.58
> Chart for Cisco Systems, Inc.
> GM 0.51 -0.24
> Chart for GEN MOTORS
> {"s" : "csco,gm","k" : "c10,l10,p20,t10","o" : "","j" : ""}
>
> The Dow Jones industrial average rose about 140 points, or 1.7 percent, in
> early trading Monday. The other major indexes also advanced by more than 1
> percent.
> *
> U.S. investors took their cues from overseas markets*, which surged
> following surveys in Europe and Asia showing that manufacturing is healing.
> Investors are awaiting a similar survey on U.S. manufacturing later Monday
> morning, as well as a report on U.S. construction spending.
>
> Meanwhile, the U.S. government reported a smaller-than-expected dip in
> consumer spending in April. The Commerce Department said consumers trimmed
> their spending by 0.1 percent, slightly less than the 0.2 percent reduction
> forecast by economists. Personal incomes was also better than anticipated,
> coming in flat instead of negative.
>
> Wall Street's gains came despite General Motors Corp.'s filing for
> bankruptcy protection.
>
> The highly anticipated move will give the government a 60 percent stake in
> the ailing automaker. The government is expected to provide GM with an
> additional $30 billion, on top of $20 billion in government loans GM has
> already received, to help it restructure. Meanwhile, rival Chrysler LLC,
> which filed for Chapter 11 protection in April, is expected to emerge from
> bankruptcy protection this week.
>
> "It's remarkable the degree of resilience that the equity markets have
> shown," said Jack A. Ablin, chief investment officer at Harris Private Bank,
> referring to the market's ability to look past the GM bankruptcy and other
> major market disruptions. "We've had plant closings, we've had dealer
> shutdowns. I think the reverberations have already been felt."
>
> The Dow Jones industrial average said Monday it is dropping GM as a
> component after the automaker filed for bankruptcy, as well as Citigroup, of
> which the government now owns a significant stake. GM and Citi will be
> replaced with Travelers Cos. and Cisco Systems Inc. next week, Dow said.
>
> In early trading, the Dow rose 147.75, or 1.7 percent, to 8,648.08. The
> Standard & Poor's 500 index rose 17.83, or 1.9 percent, to 936.97. The
> Nasdaq composite index rose 35.97, or 2 percent, to 1,810.30.
>
> Overseas, Japan's Nikkei stock average jumped 1.6 percent, while Hong Kong's
> Hang Seng index soared 4.0 percent. In Europe, Britain's FTSE 100 rose 1.3
> percent by afternoon trading, while Germany's DAX index rose 3.1 percent and
> France's CAC-40 gained 2.2 percent.
>
> There also are a handful of technical factors that could affect the market
> Monday.
>
> The first trading day of the month often brings with it a surge of new money
> from mutual funds. Also, the S&P broke through its 200-day moving average of
> 928, which also likely bought on buying.
>
> Stocks have wavered in the past few weeks as investors question the
> sustainability of the market's stunning three-month advance. Since March 9,
> the Dow is up 29.8 percent, the S&P 500 index is up 35.9 percent and the
> Nasdaq is higher by 39.9 percent. The gains have been fueled in large part
> by data showing a moderation in the economy's slide.
>
> On Friday, Wall Street secured the third month of its spring rally with all
> the major indexes rising at least 1.2 percent on a mix of economic data and
> soaring commodity prices. Despite the recent gains, the market is still well
> off its October 2007 peak. The recession has cut into the Dow by 40 percent
> since then.
>
> Investors are well aware that the stock market tends to turn around before
> the economy does. But analysts have warned that the market's surge may have
> been too big too quick and that some pullback is necessary for a healthy
> march higher.
>
> New worries have also begun to seep into the market, including a sinking
> dollar and climbing interest rates. Investors fear such developments could
> threaten the economy's recovery.
>
> Government bonds fell again early Monday, pushing yields higher. The yield
> on the 10-year Treasury note, which is used as a benchmark for home
> mortgages and other consumer loans, rose to 3.60 percent from 3.46 percent
> late Friday.
>
> The dollar also weakened further against the euro and the British pound,
> while commodities like gold and oil extended recent gains.
>
> The Russell 2000 index of smaller companies rose 13.60, or 2.7 percent, to
> 515.18.
>
--
Q: Cumi-cumi mempunyai delapan kaki atau delapan tangan?
