US exchanges: Netflix “approaching split ‘- Dagens Industri

Updated 2015-06-10 22:48. Published 2015-06-10 22:12

When closing quoted The Dow Jones Industrial Average was up 1.3 per cent to the index level of 18,000 and the broader S & amp; P 500 rose 1.3 percent to the index level of 2,106. Technology-heavy Nasdaq Composite rose 1.2 percent to 5,076.

Sales totaled 781 million shares on the New York Stock Exchange and 1.7 billion on the Nasdaq.

“The Germans offer up to dance and then we go up. US macro data have largely been positive, but I think the Fed is a little afraid to raise rates given the recent volatility in the bond market. I think not that it is too uproar, oil has stabilized, “said Michael Block, chief equity strategist at Rhino Partners, told Bloomberg News.

On the equity side was Netflix one of the absolute best performing shares in the S & amp; P 500 index after finishing 3.7 percent higher. According to Bloomberg News approaching streaming company a stock split.

Despite the rising stock market fell Go Pro 1.5 percent after Citigroup wrote that fewer consumers plan to buy the company’s action sports cameras.

Sectoral showed energy and fiscal front feet in the broad S & amp; P 500 Index.

Crude oil rose almost 2 percent after closing more than 3 percent higher on Tuesday. The background to the oil rally was data that showed that US oil inventories fell by much more than expected last week.

On the equity side, advanced oil service company Halliburton 2.2 percent of the bank rose JP Morgan 1.6 percent.

A hefty rush was the insurance company HCC Insurance for which rose 36 percent. Japan’s largest insurer Tokio Marine buys its US sector colleague for $ 7.5 billion, which will be the largest Japanese companies deal so far this year.

CTI Bio Pharma had a good Wednesday after the biotechnology company received two milestone payments from Baxalta totaling $ 32 million. Shares climbed 6 percent.

Himax Technologies, maker of integrated circuit boards, advanced 10 percent.

Bank of America has raised its recommendation to Buy from previous underweight and believes that the company should be able to profit from the growing Chinese market for smart phones.