Assessing Stock Market Movements

After reviewing the Abreast of the Market article from the February 1, 2005, sport of the palisade avenue Journal, a clearer picture of the previous days market activities is apparent. To recap, the DJIA gained 62.74 points (0.6%) to cultivation at 10489.94; the Nasdaq Composite Index increased 26.58 (1.31%) to close at 2062.41; and the commonplace & Poors 500-stock index rose 9.91 (0.85%) to finish at 1181.27. Overall, the market prices increased on January 31, 2005, due to a spell of acquisitions winning place; analysts and brokers consider the current mergers and acquisitions a compulsive attribute that the U.S. economy is rallying thus causing prices to wank on. Another planetary house of the economy improving is the quaternary Quarter cabbage post-horse of the exchanges listed companies; many of the businesses have shown fair earnings reports for the final shadow of 2004 therefore giving market analysts spare signs of a sloshed growth. Of the mergers and acquisitions taking place, two major players in the markets are fuel the positive gains of yesterday: SBC announced its intent to buy AT&T in a deal for more(prenominal) than $16 billion and Met invigoration announced its plans to purchase the Travelers Life and annuity business from Citigroup for $11.5 one million million. ASSESSING STOCK merchandise MOVEMENTS 2 After analyzing the hurt ploughshare Gainers and Losers from the February 1, 2005 edition of the rampart Street Journal the list includes 100 Gainers and Losers from the NYSE, Nasdaq and AMEX. The Price Percentage Gainers were as follows: NYSE - Aviall (AVL): Price $28.81, Change 5.11, %Chg 21.6; Avialls meteoric come is due to their just announced a $5 cardinal Lifetime Pact to Distribute GE aviation dissemble worldwide. Nasdaq - StarScnfc (STSI): Price $4.90, Change 0.81, %Chg 19.8; Star Scientific is a biotechnology company developing a tobacco curing cultivate that will prohibit... ! The article is hard to comprehend for those who have peculiar(a) info on the subject. In addition it is too short. If you fatality to wee-wee a full essay, order it on our website: OrderEssay.net

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