Stock Market Today

Thursday’s positive emotional is because that the data released by Department of Labor was better than expected initial jobless claims for the first time, there was a decline of 21,000 people last week, but it was reported 454 000 people slightly better than market expectations of 458,000 people before.

Meanwhile, the International Monetary Fund forecast global economic growth increases to 4.5%, and made the growth of U.S. economic to 3.3%, European Central Bank President Jean-Claude Trichet also pointed out that they will take corresponding measures after the stress test, He also stressed that the ECB is still on the European financial system to provide unlimited liquidity support.

The August gasoline contract delivery rose 3 cents to 2.05 U.S. dollars per gallon on Thursday, or 1.3%.
Energy Information Administration report showed that in the week ended, natural gas inventories rose 78 billion cubic inch higher than the market expected 70 billion to 74 billion cubic inch, compared with last year’s gas inventories in the same time ,the rose get 74 billion cubic feetwhile the 5-year average of 80 billion cubic feet.

August natural gas contract prices fell 17 cents ,per million British thermal units of 4.40 U.S. dollars, down 3.6%.