Ben Bernanke makes an impact at the stock of Wall Street through his speech

Ben Bernanke makes an impact at the stock of Wall Street through his speech

Wall Street opens in a crucial week as positive, positive closing the American market would suggest the best first quarter in 14 years. However, last week the Dow Jones and S & P 500 fell on weekly terms. Only the Nasdaq was able to revalue the week.   On
Monday it is looking very closely at Ben Bernanke’s speech before the National Association of Business and Economics in Arlington, Virginia. In it, Bernanke stressed that the labor market is still far from normal trading levels, despite favorable data in recent
months.   This Monday will be known a report on pending home sales, after last week a series of reports on the housing market, left a mixed picture of the sector.

The pending home sales in February are expected to have increased by 0.5%, after increasing by 2% in January, according to a survey of analysts at Briefing.com.   The Supreme Court will examine the "Obama Care" or Plan Assistance affordable health, after
several Republican groups have reported that it is unconstitutional to force families to purchase insurance, although they offer subsidies to people who can’t afford it. Meanwhile, shares of the largest U.S. insurer, AIG, rose by 1.63%.   Shares of Lions Gate
Entertainment 3.51% trigger to release the film after post-apocalyptic action, ‘The Hunger Games’, with an amazing collection of $ 155 million.   BATS Global Markets, a trader of stocks and options exchange, began trading Friday at $ 15.25, after the initial
IPO price was $ 16, below the estimated range. Operations on this value are stopped at the sharp declines that began belonging.  

Currencies and commodities: The dollar strengthened against the euro, British pound and Japanese yen.   Oil for May delivery up 22 cents to $ 107.09 a barrel. Futures Gold for April delivery fell $ 1.20, to 1661.20 an ounce.   Bonds: Prices
of Treasury bonds to 10 years in the U.S. fell, pushing the yield to 2.28%, compared with 2, 24% on Friday.  

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Posted by Fahad Zafar on Mar 30 2012. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry