www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

WORLD> America
Stocks extend 4-week rally on G20 boost
(Agencies)
Updated: 2009-04-03 09:54

NEW YORK –Investors dove into stocks Thursday, extending a rally that gave the Dow Jones industrial average its best four weeks since 1933.

Stocks extend 4-week rally on G20 boost
Traders work on the floor at the New York Stock Exchange in New York, April 2, 2009. [Agencies]

Stocks rose across the board in heavy trading following an accounting rule change that will help banks pare their losses and after commitments from world leaders to toughen regulatory oversight of financial institutions.

The Dow broke through 8,000 for the first time since Feb. 9 but ended slightly below that level ahead of the government's employment report Friday that could easily upset the market if it comes in below forecasts - or send prices rocketing higher if it's better than expected.

Related readings:
Stocks extend 4-week rally on G20 boost Stocks soar on strong US numbers
Stocks extend 4-week rally on G20 boost US stocks tumble as automaker plans are rejected
Stocks extend 4-week rally on G20 boost Stocks fall sharply across globe

The Dow is now up 20.4 percent over the last month, its biggest percentage gain in a four-week period since the spring of 1933. Bits of good news about the economy in recent weeks, including better-than expected-numbers on housing and manufacturing, have given investors more reasons to buy.

The Dow gained 216.48, or 2.8 percent, to close at 7,978.08, after earlier rising as much as 314 points.

"People are worried about this (employment) report, so the last hour we sold off," said Richard Campagna, managing director and chief investment officer of Pasadena, Calif.-based investment manager 300 North Capital.

Broader market indicators also rose sharply. The Standard & Poor's 500 index gained 23.30, or 2.9 percent, to 834.38. The Nasdaq composite index rose 51.03, or 3.3 percent, to 1,602.63.

Industrial and consumer discretionary stocks picked up speed Thursday while demand for safe-haven assets like gold and Treasurys plummeted.

"Everyone is in a buying mood," said Eric Ross, director of research at brokerage Canaccord Adams. "Everyone is feeling good. ... A lot of this is simply confidence."

The market has managed to shrug off some negative data on employment recently such as initial claims for jobless benefits. But a surprisingly bad report on the March job market could easily stifle the market's growing optimism.

Economists predict the report will show a loss of 654,000 jobs following a drop of 651,000 jobs in February, which was a record third straight month of job losses above 600,000. The unemployment rate is expected to rise to 8.5 percent from 8.1 percent in February.

Banking shares got a significant boost after a rulemaking body for the accounting industry relaxed financial reporting rules that force banks to value their assets at current market prices.

   Previous page 1 2 Next Page  

主站蜘蛛池模板: 91在线国产观看 | 免费毛片儿 | 日韩精品欧美激情国产一区 | 97人摸人人澡人人人超一碰 | 久久精品视频免费观看 | 日韩精品久久久毛片一区二区 | 欧美一级棒| 久草精品免费 | 在线久草 | 成人网18免费软件大全 | 在线观看亚洲精品国产 | 国产只有精品 | 色综合在| 国产片91人成在线观看 | 亚洲三级成人 | 99综合视频 | 欧美日韩视频一区二区三区 | 毛片一区 | 久久视频这里只精品3国产 久久视频这里只有精品 | 日韩欧美精品一区二区三区 | 日韩三级在线观看 | 一 级做人爱全视频在线看 一本不卡 | 中文字幕一区二区三区免费视频 | 亚洲视频在线a视频 | 国产在线高清视频 | 精品免费久久久久久成人影院 | 欧美一级性视频 | 三级毛片子 | 免费观看日本视频 | 亚洲欧美日韩国产精品 | 欧美激情伦妇在线观看 | 美女视频黄免费 | 福利视频黄 | 欧美日韩一区二区三区免费不卡 | 国产tv在线| 欧美一级毛片欧美大尺度一级毛片 | 成 人 黄 色 大 片 | 国产精品不卡无毒在线观看 | 午夜免费的国产片在线观看 | 亚洲成人tv | 亚洲视频日韩视频 |