HP Save Wall Street
Stock-shares in the Wall Street finally able to appreciating thin. Positive sentiment from Hewlett-Packard (HP) is able to muffle the negative sentiment from the upheavals of Citigroup.
Shares in the Wall Street move such ferment, and Return to the positive and negative territory. However, ultimately the end of the session, the index in Wall Street shares end stronger.
In trading Tuesday (18/11/2008), Dow Jones index recorded a stronger 151.17 points (1.83%) to a level of 8424.75. Index Standard & Poor's 500 appreciated thin 8.37 points (0.98%) to a level of 859.12 and the Nasdaq stronger thin only 1.22 points (0008%) to a level of 1483.27.
"There is optimism that has achieved the lowest level so we will see there is little opportunity for the rally. There is no good news that I see today, except from HP," said Richard Sparks, senior stock analyst from Schaeffer's Investment Research, as quoted from Reuters, Wednesday ( 19/11/2008).
Shares of HP's sharp appreciation hinga level of 14.5% to U.S. $ 33.59. HP shares after announcing stronger performance, and shows ketangguhannya against a weaker economy.
Meanwhile, Citigroup shares had fallen back to 6% to 8.36 dollars, which is the lowest level in the last 13 years. Shares of the bank's second largest after the U.S. this happen before announcing massive lay-up to 52,000 employees. However, it is feared that the plan will not be enough to improve the performance of Citigroup.
Transaction volume is quite moderate with 1.60 billion shares ditransaksikan in the New York Stock Exchange. Meanwhile, the Nasdaq there are 2.43 billion shares ditransaksikan, or on average last year of 2.17 billion pieces.
Shares in the Wall Street move such ferment, and Return to the positive and negative territory. However, ultimately the end of the session, the index in Wall Street shares end stronger.
In trading Tuesday (18/11/2008), Dow Jones index recorded a stronger 151.17 points (1.83%) to a level of 8424.75. Index Standard & Poor's 500 appreciated thin 8.37 points (0.98%) to a level of 859.12 and the Nasdaq stronger thin only 1.22 points (0008%) to a level of 1483.27.
"There is optimism that has achieved the lowest level so we will see there is little opportunity for the rally. There is no good news that I see today, except from HP," said Richard Sparks, senior stock analyst from Schaeffer's Investment Research, as quoted from Reuters, Wednesday ( 19/11/2008).
Shares of HP's sharp appreciation hinga level of 14.5% to U.S. $ 33.59. HP shares after announcing stronger performance, and shows ketangguhannya against a weaker economy.
Meanwhile, Citigroup shares had fallen back to 6% to 8.36 dollars, which is the lowest level in the last 13 years. Shares of the bank's second largest after the U.S. this happen before announcing massive lay-up to 52,000 employees. However, it is feared that the plan will not be enough to improve the performance of Citigroup.
Transaction volume is quite moderate with 1.60 billion shares ditransaksikan in the New York Stock Exchange. Meanwhile, the Nasdaq there are 2.43 billion shares ditransaksikan, or on average last year of 2.17 billion pieces.
Anonymous
November 24, 2008 at 6:11 AM
HP so cool!