我的:
Wall street ended the volatile week with big event by AL's oil prices tumble below 50 dollar per barrel,and g* investors that took sorrows in a pair of economic poise that ease their inflation concerns.
The Dow rose 122 to 10,193; the S&P 500 was up 14 to 10,157;the NASDAQ gained 17 to 10,922
A lame selloff include future's help wall street a little fiance gains and otherwise uncertain session.
A barrel of L settled at 49 dollors and 72 cents,down 2.5 dollors, its lowest level since Feburay 18th.
Oil prices began the week above 55 dollors per barrel
The buying was further b by economic data that show prices and labor costs remained in check.
The Commerce department reported 0.5 percent increase income and 0.6 percent hike in spending for March, and labor department said labor costs for bussiness were falling
Both are key inflation ratings which bode well for interest rates and the economy
参考:
Wall Street ended a volatile week with a big advance Friday as oil prices tumbled below $50 per barrel and jittery investors took solace in a pair of economic reports that eased their inflation concerns.
The Dow rose 122 points to 10193, the S & P 500 was up 14 to 1157. The Nasdaq gained 17 to 1922.
A late sell-off in crude futures helped Wall Street solidify its gains in an otherwise uncertain session. A barrel of light crude settled at $49.72, down $2.05, its lowest level since Feb. 18. Oil prices began the week above $55 per barrel.
The buying was further buoyed by economic data that showed prices and labor costs remained in check The Commerce Department reported a 0.5 percent increase in income and a 0.6 percent hike in spending for March, and the Labor Department said labor costs for businesses were falling.
Both are key inflation readings which bode well for interest rates and the economy.