Wall Street keeps on marching

Friday the New York stock exchange closed higher again after strong gains a day earlier. The mood among investors remained positive and the S&P almost american apparel logo 150x87 Wall Street keeps on marchingreached a new record level.
Oil Funds benefited from the sharp oil prices rise.

The Dow-Jones index ended 0.2 percent higher at 17804.80 points. The S&P500 gained 0.5 percent to 2070.66 points and the technology barometer Nasdaq climbed 0.4 percent to 4765.38 points. Thursday the Wall Street stock exchanges showed gains to 2.4 percent. On this day the S&P realised the largest gain since January 2013.

Federal Reserve
On Wednesday the Federal Reserve showed patience in raising the interest rates. That resulted in an excellent mood on the trading floors worldwide. In recent days, Wall Street put down the strongest rally in three years.

Oil industry
Oil companies ExxonMobil and Chevron went up 3.6 percent. Oil industry service providers Halliburton, Schlumberger and Baker Hughes locked to 3.9 percent in the plus. The cost of a barrel of American oil rose 4.5 percent to $ 56.52. The price of Brent rose 4.9 percent to $ 62.15.

However, sporting gear manufacturer Nike closed 2.3 percent lower. The company saw its profits and sales increase significantly in the second quarter of the year, it announced Thursday after market close. The coming months Nike is also looking forward with confidence. Still, investors were not impressed and the stock was done by hand.

Smartphone manufacturer Blackberry focuses especially on growing sales in the near future, CEO John Chen announced. Blackberry saw sales decline sharply last quarter. BlackBerry lost 0.8 percent in New York.

American Apparel
Friday retail clothing chain American Apparel share climbed further with a plus of 7 percent, after it had already won 82 percent of market value the last two days. According to insiders founder and former CEO Dov Charney is working towards an acquisition by an external financier after he was fired by the company earlier this week.

The euro was quoted at 1.2228 dollars against 1.2227 dollars at the close of trading in Europe.