U.S. stocks three major stock indexes rose slightly to close on June 8 hit in 2012 the largest weekly gain in the week. Closed as of the day, the Dow Jones Industrial Average rose 93.24 points over the previous trading day to close at 12554.20 points, or 0.75 percent the week up 3.59 percent, the highest in 2012 the largest weekly gain. Standard & Poor’s 500 index rose 10.67 points to close at 1325.66 points, or 0.81 percent. The Nasdaq composite index rose 27.40 points to close at 2858.42 points, or 0.97 percent the week up 4.04 percent, the same record in 2012 the largest weekly gain.decreased continuously since
to May the New York stock market oversold in serious condition, and investors expect the Fed to the face of the downturn in economic conditions will respond to, promote the New York stock market rose. Dow Jones index and the Nasdaq composite index week to a record this year, the highest weekly gain.
However, the day the attention of the investors still concentrated in the euro area. There are rumors that Spain to the European Union to seek relief before and after this weekend, the EU finance ministers conference call, the current relief success depends on the attitude of Germany and Spain is willing to what extent the expense of fiscal sovereignty. The rating agency Fitch had a fall of Spain’s sovereign credit rating three to BBB, and to rescue the Spanish banking sector needs about 100 billion euros, so that market participants are worried.
economic data, the U.S. Commerce Department announced that the U.S. trade deficit in April compared with last month reduced to $ 50.1 billion, better than the market had expected.
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