U.S. stocks rose from the lowest in two months


Moscow. December 22. U.S. stocks rose at the end of trading on Monday from the lowest in two months on easing concerns over global growth. The rise of intensified toward the end of trading, leading shares of financial and high-tech companies.

Participants in the U.S. stock market reacted to the news about the possibility of additional support the Chinese economy and the rising prices of metals, reports Bloomberg.

“After falling last week, there are opportunities to create value. Also heard talk of stimulus in China, said chief investment strategist Northern Trust Corp. Jim McDonald. – From the point of view of seasonality the situation on the stock market typically gets better by the end of the year.”

The price of securities of Apple Inc. increased by 1.2% after settling dispute with Ericsson AB.

The shares of the Bank JPMorgan Chase & Co. advanced 1.8%.

Growth among chipmakers headed the company Avago Technologies Co., whose shares went up by 4%.

Stock quote Walt Disney Co. decreased by 1.1%, despite the positive data distribution. A new episode of “Star wars” breaks box office records: over the first weekend in the U.S. and Canada, revenues from ticket sales amounted to $238 million

The market value of the pharmaceutical company Baxalta Inc. decreased by 1% on reports that Shire Plc plans to improve the proposal for its purchase, increasing the share of payment in cash forms up to 30%.

The stock price of another representative pharmaceutical industry – KaloBios Pharmaceuticals Inc. – fell 5.1% after announcing the resignation of CEO Martin Shkreli.

The capitalization of the hospitals operator Tenet Healthcare Corp. jumped 12% thanks to a positive statistical data on new participants in health insurance programs in the United States.

The Dow Jones Industrial Average following the results of session on 21 December climbed 123,07 points (0,72%) – to 17251,62 item.

Standard & Poor’s 500 by this time increased 15,60 paragraph (0,78%), to 2021,15 item.

The value of the Nasdaq Composite increased by 45,84 points (0,93%) – to 4968,92 item.