Stock trades in the U.S. on September 3 2010. leading indexes ended higher against the backdrop of favorable macroeconomic statistics. Investors are pleased, in particular, news from the U.S. labor market. Despite the fact that the Ministry of Labor (US Department of Labor) reported that the unemployment rate in the country in August 2010. rose by 0.1 percentage points - up 9.6% (which coincided with forecasts of analysts), investors optimistic about the reduction in the number of jobs in non-agricultural sectors of the country for less than anticipated, the magnitude, namely 54 thousand (the forecast falling to 105 thousand). At the same time in the U.S. Office reported that the decline in jobs in non-agricultural sectors of the country up to August due to the termination of temporary employees engaged by the authorities in the spring for the census. At the same time, private companies continue to recruit new staff, and only since December last year the number of new jobs in the private sector increased by 763 thousand
The first news on the macroeconomic plan responded banking sector: shares of the largest in the U.S. Bank of America Corp. grew by 1,7%, Citigroup Inc. - On 0,8%, J. P. Morgan Chase & Co. - On 2,6%, Morgan Stanley - to 3,8%, Wells Fargo & Co. - By 2,9%.
Have supported the stock market and news from the commodity exchanges, where an increase was recorded in oil prices. Against this background, quotes energy companies have completed the trading session in the "plus": shares ExxonMobil Corp. added to the price of 0,4%, its competitors - ConocoPhillips and Chevron Corp. - 1,1% and 0,7% respectively. Securities oilfield service companies Schlumberger and Halliburton Co. went up quite substantially - by 1,7% and 2,6% respectively.
Furthermore, the increase in metal prices supported by quotations mining companies: securities aluminum giant Alcoa Inc. mededobyvaschego and Freeport-McMoRan Copper & Gold Inc. grew by 0,5% and 2,1%. At the same time, the less favorable developments in the trading session for the gold mining companies: shares of Newmont Mining Corp. fallen in price on 0,8%, Goldcorp - 2,2%.
It is worth noting that the "plus" completed auctions for the engineering company Caterpillar (+2,3%), diversified group General Electric (+1,6%) and airline US Airways Group (+3,3%). At the last rally had a positive impact of information on airline revenue growth in August 2010.
As a result of trades on Friday, the Dow Jones index rose 127.83 points (1.24%) - up to 10,447.93 points, S & P rose by 14.41 points (1.32%) - up to 1,104.51 points, NASDAQ rose 33.74 points (1.53%) - up to 2,233.75 points.
