In trading Thursday (17/02/2011), the Dow Jones industrial average (DJIA) closed rose 29.97 points (0.24%) to the level 12318.14. The broader Standard & Poor’s 500 index also gained 4.11 points (0.31%) to a level of 1340.43 and the Nasdaq rose 6.02 points (0.21%) to a level of 2831.58.
Technology stocks moved higher, with shares of Nvidia Corp. jumped to 9.8% to U.S. $ 25.68, a day after announcing the projected revenue increases thanks to increased sales of the processor.
Semiconductor stock index rose 1.4% was recorded and registered has gone up to 21.3% since early December.
S & P energy index also rose to 0.8% responding to world crude oil price hikes up to 1.7% due to overheating in another state in the Middle East.
In early trading, the shares could move lower after data showed consumer price index increase and a new unemployment benefit claims. But it was not long-lasting slowdown.
People have focused on positive things like the outlook of corporate and financial reporting good season
Investors also do not respond to the negative situation in the Middle East that is related to a warming again the relationship between Iran and Israel. The issue of geopolitics has been abandoned, perhaps premature.
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