Pessimism Or Difficult To Stop The Rally &Nbsp; &Nbsp; US Stocks Return To The August High.

Beijing time was early in November 8th, US stock Strong on Thursday Rise It has almost saved the losses suffered since the collapse of Lehman brothers. As of Thursday's close, Dow Jones industrial average It rose 219.71 points to 11434.84 points, or 1.96%, while the Nasdaq composite index rose 37.07 points to 2577.34 points, or 1.46%, while the standard & Poor's 500 index rose 23.09 points. In the stock market trading last Friday, the stock market was strong. Due to the encouraging boost of the employment market data, the US shares rose, but the unemployment rate remained at a historically high level, and the US stock market was mixed up. The Dow and Nasdaq hit a new low. US dollar index Up 0.9%. Large consumer goods, medical and telecommunications sectors declined significantly. As of Friday's close, the Dow Jones Industrial Average fell 14.87 points to 11419.97 points, or 0.13%, while the Nasdaq composite index dropped 1.23 points to 2576.12 points, or 0.05%, while the standard & Poor's 500 index rose 2.44 points to 1223.50 points, or 0.18%. Intraday financial sector showed strong performance, currently rising 2.4%. The financial sector has risen 8.2% so far this year, and the standard & Poor's 500 index has risen 10% during the same period.

In April this year, the standard & Poor's 500 index was at 1200 points, and analysts at Wall Street also downgraded the US's growth forecast this year and the company's earnings forecast. James Poulsen Paulsen, chief strategist at Wells capital management, said: "although the market is out of some pessimistic atmosphere of concern, the US stock has indeed risen in this atmosphere." (James) James Poulsen said that this pessimistic atmosphere of the market has led investors to withdraw funds from the stock market in search of a safe haven for assets. This means that once the economic recovery has gathered enough momentum, these investors will turn their heads to invest in the stock market, which will enable the market to accumulate more purchases and the stock market will rise.

But for the rise of the stock market, some opponents believe that this is the abnormal situation of the market. As early as April this year, the The Associated Press survey showed that the US economic growth rate reached 3% in 2010. The unemployment rate dropped to 9.3% at the end of the year, further down to 8.4% by the end of 2011. But from the current situation, the US economic growth rate of 3% in 2011 is not very realistic. This year's growth rate is around 2.6%. David Rosenberg, chief economist and Canadian business at Gluskin/Sheff in Toronto, said that the current stock market trend is a reflection of investor sentiment. It does not really reflect the true situation of the fundamentals.