Wednesday, September 4, 2013

Tech stocks gain US shares Wall Street, as automaker

NEW YORK, 4.9. Reuters)--U.S. stocks rose for a second day on Wednesday, as was a possible military intervention in Syria are limited and strong car sales raised investor confidence in the U.S. economy seen.

U.S. Senate Foreign Relations Committee approved a resolution authorize a limited U.S. military intervention in Syria, with which the conditions for a debate in the full Senate next week about the use of military force.

The Obama administration is looking to punish support for the Congress of Syrian President Bashar al-Assad's Government over alleged use of chemical weapons against civilians. Markets were legends of representation about the possible repercussions in the Middle East.

Shares of Ford and General Motors posted their best day of the year, August-US car sales the strongest month since October 2007 marks. Ford jumped 5 percent to $35,85 added 3.5 percent to $16,91 and GM.

Car sales were "a little more solid macro data and can move his justification today," said Ken Polcari, Director of the NYSE stock O' Neil securities in New York.

Although Syria is still under discussion, Polcari said he expects that Congress approves a limited commitment "not the President or the country fool."

Polcari added that the S - and P-500 still varied 1,625 1.660 to the next big news breaks, trade with an intervention could be Syria or Friday pay and payroll report.

Reduced concern about Syria 0.6 percent was also seen on the oil market with US crude oil by 1.2 percent and Brent.

The Dow Jones industrial average rose 96,91 points, or 0.65 percent to 14,930.87, the S - and P-500 gained 13,31 points, or 0.81 percent, 1,653.08, and the NASDAQ Composite added 36,43 points or 1.01 percent to 3,649.042.

The S - and P-500 by 1.2 percent for the week so far after a loss of 1.8 percent of last week, which is largely in-bound was Syria provide.

Already close with global supply of dynamic RAM memory chips, shares of Micron Technology, and SanDisk, rose after reports of a fire on the Hynix, the world's no. 2 DRAM chip maker. Hynix said, not paralyze the fire equipment, but Micron closed added 5.3 percent to $14.75, and SanDisk 3.3 per cent to $57.14.

ETrade Financial was the biggest percentage Advancer on the S- & P-500, after it said that the US banking regulators have approved its request for capital from the Bank subsidiary for broader operational purposes, to use a character of strength, as it recovers from the bad mortgage loans. Shares jumped 8 percent to $15,71, the highest in more than two years.

Network-equipment maker Ciena Corp rose 13.8 per cent to $23,54, after it strong sales for the current quarter forecast, as it wins by a recovery of spending by telecom carriers, its biggest customer.

5.3 Per cent to $10.75 jump U.S. traded shares of BlackBerry. The Wall Street Journal reported that BlackBerry Board hopes for a "quick" auction process running, the lead a sale of the company in November.

Approximately 6.1 billion shares changed owners on the New York Stock Exchange, the NASDAQ and NYSE MKT, slightly below the daily average this year so far of 6.3 billion shares.

On the NYSE about five sends less than two rose for every burglary rose for every two that fell, and on the NASDAQ.

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