Good day on Wall Street by Zivka Deleva

The workers at the Wall Street are celebrating today. After eight weeks today has been the best day for the share market. The thing is that the investing atmosphere has been much more inspirational in this period More than six shares rose at the New York Stock Exchange. The same happened with the Nasdaq index and for the Russell 3000 index, as well. Experts say that these good news are due to the momentum players and hedge funds. "They're moving the needle with force, but there's not a lot of volume behind it. There's a bunch of people trying to chase returns and this becomes a vicious game" - Jason Weisberg, director of institutional trading at Seaport Securities in Ne! w York said. I believe that we can consider these new numbers as a good indicator that there is hope for the US economy that still is shaken after the 2008 recession. Some industries note good results. For example, the heavy equipment maker Caterpillar Inc. that depends a lot of the economical conditions has announced rising of the share for 4.6 percent. The idea to grow and rise in Brazil in the next two years as well certainly helps this company to stand well. Such a day everyone would like to use it for it’s own good. People are encouraged to buy shares. Apples’ shares for instance noted 3 percent rise and it’s share now is $250.33 worth. No doubt,, this success is due to the launch of the new TV gadget of the telecommunication company – the Apple TV and the new iPod lineup. I wish a lot more good days at the Wall Street. Though I have nothing to do directly with it, but knowing how influental US economy is to the world, I just wish a lot more go! od news from he Wall Street.

by Zivka Deleva for Cantell TV (http://cantell.tv)

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