7 May 2014
Wall Street closes at highs after recovering morning losses
FXStreet (San Francisco) - The US stocks market closed positive on Wednesday as investors digested well Yellen testimony and welcomed Putin's willingness to talk with Ukraine leaders.
As Jamie Coleman and Dale Pinkert commented in their FXroom & FXBeat Marketplace, 'Putin wants to look like a good guy into Ukraine elections although he will continue to disrupt.'
The Dow and the S&P performed its best day in nearly 3 weeks; however the Nasdaq posted losses in day as tech companies continue with its decline.
The DJIA advanced 117.52 points or 0.72% to finish the day at 16,518.54; the S&P 500 added 10.49 pts or 0.56% to 1,878.21; while the Nasdaq Composite declined 13.09 pts or 0.32% to close the session at 4,067.67.
As Jamie Coleman and Dale Pinkert commented in their FXroom & FXBeat Marketplace, 'Putin wants to look like a good guy into Ukraine elections although he will continue to disrupt.'
The Dow and the S&P performed its best day in nearly 3 weeks; however the Nasdaq posted losses in day as tech companies continue with its decline.
The DJIA advanced 117.52 points or 0.72% to finish the day at 16,518.54; the S&P 500 added 10.49 pts or 0.56% to 1,878.21; while the Nasdaq Composite declined 13.09 pts or 0.32% to close the session at 4,067.67.