Wednesday, December 28, 2016

US exchanges rise with technology stocks on a day with little … – Investing.com Brazil

NEW YORK (Reuters) – The u.s. equity went up slightly on Tuesday, supported by data optimistic on consumption and housing, with gains in technology stocks leading the Nasdaq Composite to a closure record.

The Dow Jones index () rose 0.06 per cent, to 19.945 points, the S&P500 () advanced 0.22 per cent, to 2.268 points and the Nasdaq Composite () advanced 0.45 per cent, to 5.487 points.

With only four billion shares traded, was one of the sessions with the lowest volume of 2016. The volume of the markets should continue to weaken until the end of this year.

Data showed on Tuesday that the confidence of north american consumers has reached its highest in more than 15 years in December, as they saw more strength in business conditions, stock prices, and job market, while home prices continued their recovery stable in October.

The actions of the north-american have had a rally post the presidential election, powered by an optimism that the plans of Donald Trump to deregulation and investment in infrastructure can boost the economy. With the market priced for positive results in various scenarios, some are seeing the rally of the end of year as an opportunity to take profits.

(By Rodrigo Campos and Chuck Mikolajczak)

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