When closing listed The Dow Jones Industrial Average up 1 percent to 17,710. S & amp; P 500 also rose 1 percent but for 2066. Technology-heavy Nasdaq Composite climbed 1.2 percent to 4775.
About 700 million shares were traded on the New York stock Exchange and Nasdaq, more than 1.6 billion shares traded.
“Last week crazy with breed of retailers despite fine retail statistics. the reporting season is over and now thinking investors in the second half of the year will look like. the raw materials are experiencing some buying pressure, so there is hope for an improvement in the industrial part of the economy, “said Craig Sterling, head of research at Pioneer Investment in Boston, told Bloomberg News.
Goldman Sachs believes that the oil market will be in the range second half, which sent up WTI oil over 3 percent. The movement helped the energy sector was the best performer in the S & amp; P500, stocks such as Chevron and Exxon said plus hefty percentage each. Freeport-McMoran, the US’s largest mining company and the world’s largest copper producers, had probably downwind of the oil since the shares rose 6 percent.
Further climbed Apple nearly 4 percent on news that Warren Buffett’s Berkshire Hathaway, owns 9.8 million shares in technology giant. The holding is worth about $ 1.1 billion representing 9 billion. The share was the best performing and largest indices contributor in the Dow Jones.
Even better was the Tribune Publishing who rushed 21 per cent to $ 14 per share, then Gannett raised its bid to 15 dollars in the media company.
Finally rushed Anacor 55 percent since Pfizer bought the company, whose flagship preparations for eczema is under review by the FDA, for just over $ 5 billion.
the interest rate on a ten-year US Treasury bond rose 5 basis points to 1.74 percent.
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