iPoint (iPoint.cz)
Czech markets  |  December 17, 2010 09:48:04

Equity outlook 17.12: Horse continues (CEZ, Ireland) (December 17, 2010)


Even on the last day of the week we bring you the latest news from financial markets. Let's get at it. Investors in America continue riding on the wave rally that pushed the Standard & Poor's 500 at the highest level since September 2008 (more precisely, since the fall of Lehman Brothers). This followed publication of a report from the labor market, which indicates that indeed the world's biggest economy is gathering momentum. Number of new applications for unemployment benefits last week fell unexpectedly, greatly exceeded analysts' expectations. "Reports that comes out of the market are really encouraging," he told Bloomberg Tom Wirth of Chemung Canal Trust, said: "do not experience while flying start, but more stable growth. The Wall Street are currently bulls and investors who are trying to make money to work."The main indexes closed for good news as follows: Dow +0.36%, S & P Nasdaq 0.62% and 0.77%. Robert Doll of BlackRock sees S & P even at the level of 1350 points at the end of next year, an additional 10% growth.

Let's see what we tell about the development of today's futures on the major European indexes. They still show a slightly green tint, so markets should also be open to purchasing a mild sentiment.

Which way in Prague today issued the SPAD? Read on iPOINT

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