US Stocks Close Higher, Led By Tech, Industrial Sectors
SACRAMENTO, Calif. (PRBuzz) May 19, 2010 -- Keith Springer provides in-depth analysis on the markets comeback as investor confidence rises.
According to MarketWatch's Donna Kardos, "U.S. stocks climbed Wednesday as a strong earnings forecast from International Business Machines lifted the technology sector while companies that benefit from global growth, including DuPont and Caterpillar, rose following reports of better-than-expected economic growth in the euro zone."
"It looks like the bulls are back in charge," said Keith Springer, president of Capital Financial Advisory Services, a Sacramento, California based investment advisory firm. "The stability in the euro zone was definitely a big reason for the rally. Those positive [GDP] numbers are giving U.S. investors confidence to go and step back in to our markets."
The Dow Jones Industrial Average rose 148.65 points, or 1.38%, to 10896.91, its highest close since May 4. IBM led the Dow's gains, up 5.79, or 4.6%, to 132.68," Kardos continued.
To view more media interviews visit www.KeithSpringer.com and click the "Keith in the Media" link, email [email protected] or call (916) 925-8900
Keith Springer, President of Capital Financial Advisory Services, a SEC Registered Investment Advisory Firm, frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.
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