Wall Street investor get caution
Stock Report March 8th, 2010
Market players cautious following the internal data they. As a result, Wall Street index move is limited. Internal data in question, namely the data of private sector employment and the Federal Reserve meeting on unemployment in height. Both are still making a market participant can not apply aggressive. The results of the Fed meeting in December and showed that some members of the Federal Open Market Committee thought that the central bank program valued at USD1, 25 trillion to purchase mortgages could be swollen. At the same time, bond prices had to be dropped, following the attitude of investors that inflation underscores concern. As a result, the Dow Jones stock index grew only 1.66 points, or no more than 0.1 percent to 10,573.68. Index S & P 500 index grew 0.62 points, or 0.1 percent, to 1137.14. However, as quoted by the Associated Press (AP), Thursday (7/1/2009), the S & P is able to record the highest growth since October 1, 2008. While the Nasdaq index fell 7.62 points, or 0.3 percent to 2301.09 position. Chairman of Thunderstorm Capital LLC in Boston said, the market was burdened by the possibility of investors waiting to sell some shares from last year until this week, because the tax would be eased this year
