2011年1月31日星期一

Close: positive earnings U.S. stocks closed higher with the data

U.S. stocks ended higher on Monday. Investors in the volatile situation in North Africa, to wait and see attitude. Exxon Mobil earnings and better than expected economic data boosted market sentiment.

EST at 16:00 on January 31st, the Dow Jones industrial average rose 68.23 points to close at 11,891.93 points, or 0.58%; the Nasdaq composite index rose 13.19 points to close at 2,700.08 points, or 0.49%; the S & P 500 index rose 9.78 points to close at 1,286.12 points, or 0.77%.

The Dow on Monday for the first time in four years to achieve the 1 month closing high on line, and harvest the best performance since 1997 in January. So far this month, the Dow has risen more than 2%. S & P 500 Index so far this year has risen by 2%, the Nasdaq rose 1%.

Chip giant Intel (INTC) closed flat, due to design flaws found in chipsets, Intel shares have been suspended from trading morning, then resumed. Intel also raised its revenue outlook as a whole.

Today morning the news of Intel's stock was suspended from trading stocks to go so soft. The chip giant reported that chipset design defects, thereby reducing the expected revenue to $ 300,000,000.

Oil giant Exxon Mobil (XOM) rose 2.1%. The company said its fourth-quarter profit rising oil prices increased by 53%, exceeding market expectations. Exxon Mobil earnings by the promotion of general rise in the energy sector.

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