The employment figures should boost Wall Street
Posted by admin | Under business, features, international, online, resources Saturday Mar 6, 2010U.S. markets should open in green on Friday, supported by the employment figures less bad than expected. The United States has in fact lost 36,000 jobs in February than in January and the unemployment rate the country has remained stable at 9.7% this month, according to the official report on employment released on Friday, while analysts expected a decline. The future of Dow Jones advance of 0.64% at 10,495 points, the S & P 500 rose 0.09% to 1131 points and the Nasdaq's 0.11% to 1871 points.
U.S. investors should be reassured by the Prime Minister's announcement that China has promised a 8% growth for China this year.Thursday, Wall Street closed higher on a comfortable, supported by bearings recommendations.
In addition to the employment figures U.S., those of consumer credit in January, will be published in 21 hours.
As for currencies, the euro fell sharply Friday against a dollar backed by the release of employment figures in the United States, and reassuring the operators on the strength of the recovery of the world's largest economy.
Values follow
Microsoft: The software giant said Friday it would stick to its strategy of developing the market for search engines in China, whatever the outcome of the dispute between Google to the Chinese government.
Blackstone: The investment fund is hoping to complete an initial transaction in Australia this year and also studied business in Japan and South Korea, each operation may be about 100 million dollars, said an official with the group.
Marvell Technology Group: the chip maker reported a 64% increase in its turnover, thanks to a recovery of expenditure within the sector, to 842.5 million dollars against 842 million expected on average .
General Growth: The title of the second American owner of shopping malls start to be traded on the New York Stock Exchange under its old symbol GGP3 while the group is still under bankruptcy.