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Wall Street opens higher after Hurricane Sandy

Wall Street opens higher after Hurricane Sandy
The New York Stock Exchange opened higher Wednesday after the exceptional closure caused by Hurricane Sandy on the north-eastern United States.

Minutes after the start of trading, the Dow Jones gained 59.52 points, or 0.45%, to 13 166.73 and the Standard & Poor's 500 broad, progressed 3.64 points (0, 26%) 1 415.58. The Nasdaq Composite Index was not available due to distribution problems.

The Wall Street has been one of the hardest hit city by flooding and power outages caused by the storm, but New York continues on Wednesday a gradual return to normal.
On Friday, the U.S. market had ended virtually unchanged. Among the values ??for the start of the meeting, Home Depot progressed by 3.4%. First American brand DIY and interior design, the group is considered one of the main potential beneficiaries of reconstruction spending and repairs necessitated by the hurricane. Wall Street opens higher after Hurricane SandyFor its part, General Motors gained 3.8% after the publication of quarterly results better than expected.
On the downside, Facebook abandoned 4.1% after the expiry of the period of "lockup" that prevented a number of employee shareholders to sell shares since the IPO in May.
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