Wall Street ended a positive session

At last it seems that the major US indices sigh of relief has come today, following the announcement made by different institutions of a special concerted effort to inject liquidity into the financial markets. Among companies, General Electric shows a progressive growth after a careful evaluation of the activities and the announcement of a progressive raise of 11% for its dividends. For the sanitary industry Cooper, leading company in medical equipment, have a loss of 7% after a fourth-quarter incomes report significantly below the analysts forecasts. It’s a remarkable success the one achieved by Coca Cola Enterprises which registered a raise of 6%, having boosted earning estimates in this year.

On the economic side the Department of Commerce predicted a growth of 2,7% of the import prices in the month of November, that represents the highest progression within 17 years and it’s 2% higher respect to the analysts estimations. The same Department stated that the trade deficit raised to 57.8 billion dollars in October against the 57.1 in September while the experts had predicted a deficit of 57.4 billions. On the currency markets the dollar ended again a chaotic session while Euro closed positively, with an increase of over 1.47, up to 1.4702 against the previous 1.4656.

The Japanese yen instead, shows a negative trend, moving back and decreasing below the point of 111, 111.89 per 1 dollar against 110.69 on Thursday. On the stock markets the rates showed a contraction after the announcement made by several banks of the upcoming financing plan on the short period. The oil market closes the session on the increase following the statistics publishing.

The WTI barrel on New York Mercantile Exchange grows over the 94 dollars per barrel, up to 94.39 dollars against the previous 90.02.