U.S. stocks Hunted Investor

January 28, 2011

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The shares of the movements influence the direction the U.S. market include: Qualcomm Inc. rose 5.9 percent, Netflix Inc. soared 15 percent, and Microsoft Corp. rose 0.3 percent.

At 16.00 hours New York time, the S & P 500 rose 0.2 percent to 1299.54. In five days, the S & P was up 1.5 percent. Meanwhile, the Dow Jones Industrial Average rose less than 0.1 percent to 11989.83.

Currently we are midway through the recovery process. The confidence level began to improve, home sales also increased. These factors were driving the economic recovery, said James Dunigan, chief investment officer at PNC Wealth Management in Philadelphia.

He added, though so, the U.S. economy, Europe, and Japan has not fully recovered. While this is not the best time to go, but certainly not the time to reduce your stock allocation, he explained. (kompas.com)

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