The US stock market rose sharply in Friday, with the Dow up nearly 170 points. Investors are weighing better than expected job data with lower-than-expected consumer confidence indices. A Federal Reserve official says the Fed may start cutting QE from next month. The Chinese concept stocks rose by a majority in Friday, SouFun 11.26%.
US-East Time November 8 16:00 (Beijing time November 9 05:00), the Dow Jones industrial average rose 167.8 points, closed at 15,761.78, or 1.08%; the Nasdaq composite index rose 61.9 points to 3,919.23 The standard and poor 500 index rose 23.45 points to 1,770.60, or 1.34%.
China concept stocks rose in Friday, 6 shares rose more than 5%, SouFun Rose 11.26%, 58 with the city rose 7.82%, only the goods will be up 5.9%, the financial sector rose 5.79%, Dangdang rose 5.45%, China hand swim 5.02%;3 shares fell more than 3%, Mai Lin down 5.44%, Cool 6 media fell 4.33%, blue Flood fell 3.67%.