Tuesday, March 8, 2011

Stock index recently continue to rise

Stock index recently continue to rise, is mainly because investors for America and global economic recovery confidence is more and more intense. On the one hand, the listed company benefit-oriented earnings emerge in endlessly. Computer makers like dell quarterly net profit increased to nearly three times, leisure clothing Abercrombie & Fitch fourth quarter in profits 95%. It is reported, the s&p 500 index component companies of market capitalisation three-quarters of the company, the main business profit than analysts in early expected high 6.2% quarterly.
On the other hand, the federal open market committee of January monetary meeting minutes so as to enhance people's confidence. Fed officials more and more valued the American economic prospects, raised 2011 economic growth target. But meanwhile, the fed on employment market performance is still feeling discontent, for unemployment and inflation expectations judgment little change, which means to stimulate the economy quantitative easing will continue to implement.

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