US exchanges rose cautiously Thursday.
The Dow Jones ended up 0.13 percent to 18,597.70, the Nasdaq 0.22 percent to 5,240.15, while the broader S & amp; P 500 index la wearing 0.22 percent to 2,187.02.
About two stocks rose for each that fell on the NYSE, where 432 million shares were traded.
“Fear index” VIX (CBOE) was traded near 11.6.
the gold price rose $ 8.40 to $ 1,357.20 per ounce.
Oil Rally
WTI oil climbed 3.1 percent to $ 48.22 a barrel, the best closing price since July 1. Brent oil passed today $ 50 for the first time in six weeks.
At several OPEC members and other major oil producers should have informal talks on production freeze at the International Energy Forum in Algeria in late September, continues to affect trade.
– the trade will probably continue to fluctuate within very narrow intervals. Overall keeps investors up to balance the timing of the Federal Reserve’s next rate hike towards relatively good corporate results, says investment strategist Kate Warne in Edward Jones CNBC.
– People will hesitate to sell because there is no other places to put the money, but because the pricing is so stretched, it will be difficult to get new money into, states chief strategist Bruce Bittles at Baird.
Yesterday’s report from the Fed’s July meeting revealed a split interest Committee on the question of how soon the next rate hike should come.
Solid figures
on the macro front, otherwise, the number of first time applicants for unemployment benefits (jobless claims) a little more than expected, the key industry index Philly Fed rose as expected, while leading indicators also surprised on the upside.
Wal-Mart was today’s best Dow component, after rising 1.9 percent to $ 74.30 on a solid quarterly report, which also guidance was raised.
on the negative side we find Caterpillar, which fell 1.2 percent to $ 83.38 on declining sales, especially of equipment for the mining industry. Sales in this segment plunged in July over 40 percent compared with the same period last year.
Energy led the way among the ten sub-indices of the S & amp; P 500.
Among oil giants rose ExxonMobil 0, 9 percent to $ 88.91, Chevron 1.3 percent to $ 103.55, while Schlumberger gained 2.0 percent to $ 83.86.
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