HB NEW YORK. U.S. stocks are now seeking again: The weak dollar has brought the U.S. stock exchanges a friendly kick-off weeks. The stock traders started after the G20 meeting of major industrialized and emerging countries that the U.S. central bank’s biggest economy relies again with generous infusions of money. to agree on the decision of the group of countries, no clear objectives for a better balance in the world economy was seen as agreement with the U.S. policy of keeping its currency weak to continue.
The Dow Jones index of the default values rose in the first minutes of trading 0.6 per cent to 11 200 points. The broader S & P 500 index gained 0.8 percent to 1 192 meters. The index of the Nasdaq rose 0.8 percent to 2498 points.
The U.S. currency was on Monday, up from 0.7 percent, while commodity prices rose. "We see that day again a combination of a weak dollar and a strong performance in the stock market," said an analyst. Wall Street eagerly awaited new figures on the U.S. housing sales, which should be submitted during the trading day. Experts expected in September, a slight increase on the previous month.
Another issue in the market continued to be the controversial over-indebted real estate foreclosures. U.S. bank supervisors do in November to submit a report. U.S. Federal Reserve Chairman Ben Bernanke expressed concern because of alleged irregularities in the procedures of large financial institutions.
Bank of America granted a newspaper report that an error now. The share of the money which nevertheless house to 0.3 percent. The paper of Citigroup rose after a positive assessment by analysts at Goldman Sachs by 2.4 percent.
The share of the cable manufacturer CommScope scored after just under 30 percent above. The private equity firm Carlyle Group will take over the company.
With the technology stocks were among the shares of the largest Chinese search engine company Baidu, with an increase of 1.7 percent. The companies listed in New York had surpassed its quarterly results, market expectations.