Wall Street Closed Thin Rebounds

Wall Street stock market last weekend closed thin rebounds. This strengthening sentiment triggered by the rising Fed rate points 0:25. As is known, the Fed Board of Governors decided to raise discount rate from 0.5 percent to 0.75 percent.

At the close of trading Friday, the Dow Jones on thin trading announce points 9:45 or 0:09 per cent, to 10,402.35. S & P index rose 2:42 or 0:22 per cent points to the position of 1109.17, the Nasdaq index rose 2:16 or 0:10 per cent points to the position of 2243.87.

Index financially weakened in response to the announcement that the Fed will raise funds discount rate related stimuli during crisis issued to banks. But the index bounce back as investors concluded that the Fed's decision, on the grounds that it saw the financial system has been restored and the banks do not need support from the central bank.

The focus of the rate comes after investors began to believe the U.S. economy and shift the concern for weeks over the state of the global economy, including Greece and the debt crisis of China government's decision to tighten banking space.

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