Stock Market reassured Fed welcomes good U.S. data

Wall Street has appreciated Thursday for the third straight session, waving American flags and good comments deemed reassuring on the monetary policy of the United States: the Dow Jones was awarded 0.77% and the Nasdaq 0.76% .

According to the final results at the close, the Dow Jones Industrial Average advanced 114.35 points to 15,024.49 points and the Nasdaq, dominated by technology, 25.64 points to 3401.86 points.

The broader Standard & Poor's 500 gained 0.62% or 9.94 points 1613.20 points.

"The indices sign a new session frankly up, the S & P 500 moved back more substantially above the psychological threshold of 1600 points: the negative market sentiment seems to gradually dissipate," said Peter Cardillo, of Rockwell Global Capital.

At the opening, traders cheered good statistics in key sectors of the U.S. economy.

In May, the American household incomes have increased by 0.5% in May compared to April and consumer spending rose 0.3%.

"However, the expenses are associated with consumer confidence, and this is a good sign for the economic recovery of this sector is a key driver," said Mr. Cardillo.

More good news, the promises of home sales in the U.S. have rebounded strongly in May, reaching their highest level since late 2006.

And on the job front, new jobless claims in the U.S. fell for the third week of June.

Market participants have been refreshed along with about three leaders of the U.S. central bank (Fed), including those of William Dudley, president of the New York antenna and a voting member of the monetary policy committee.

While the Fed chief Ben Bernanke had mentioned last week a possible slowdown exceptional measures of support, shaking global markets, Mr. Dudley assured that the central bank would keep "long" on its balance sheet assets it buys currently on the market.

Mr. Dudley also said that raising the policy rate "not before long, in all likelihood" intervene.

The prospect of a few days off next week, punctuated by Thursday, July 4th celebration of the American national holiday, also reinforced the mood of the markets by Michael Gayed of Pension Partners.

On the values ​​front, the food company ConAgra took good quarterly results, jumping 5.07% to $ 35.04.

The U.S. satellite package Dish Network rose 3.08% to $ 41.44. The group withdrew its bid on the service provider Clearwire Internet (-2.06% to $ 4.98) a week after he threw in the towel in another market battle for the operator mobile Sprint (0.14% to 6.98 dollars).

Giant trading and processing of agricultural materials Archer Daniels Midland (ADM) won 0.39% to $ 33.71 while the Australian competition authorities have given the green light for the purchase of food group GrainCorp.

Distributor of products and materials for industry and construction HD Supply has a good start on the market, appreciating by 3.67% to $ 18.66 compared to its introductory course $ 18 fixed well below the range initially targeted.

Before unveiling their quarterly results at the end, the manufacturer of sporting Nike took 0.76% to $ 62.32 and consulting group Accenture 0.83% to $ 80.22.

The bond market closed up. The yield on the 10-year Treasury fell to 2.483% against 2.539% Wednesday, and the 30-year 3.547% against 3.574% yesterday.