The market review for February 3

Tuesday, 2 February, the U.S. stock market continued the growth begun the previous day. On the side of buyers were as positive corporate news and optimistic macroeconomic statistics. Change the value of the index of pending transactions involving the sale of homes in December 2009. surpassed analysts’ expectations – the increase was 1% against the projected 0.6%. In addition, U.S. Treasury Secretary Timothy Geithner urged the Republicans to join the action to reduce the budget deficit of the country. He believes that these measures can be started when the recovery will not cause doubts, but the economy will be on his feet. The administration of U.S. President Barack Obama supports the creation of a bipartisan financial commission which would deal with finding solutions to the problem. Republicans, however, until recently, rejected the idea. Be that as it may, macroeconomic statistics out strong, most of the corporate profit exceeds expectations, and …

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