U.S. stocks closed flat on technical support

U.S. stocks rallied on Friday and closed with its biggest one-day gain in nearly four weeks, to overcome a lower sales warning from chip maker Intel and hawkish comments from Fed Chairman Ben Bernanke.
Strong buying interest from a key technical level and share purchases to cover short sales led the rebound, and the tone improved as investors assessed comments from Bernanke, in the sense that the Fed is ready to act if necessary . Bernanke said in a conference with central bankers that the recovery has weakened more than expected, and the u.s. stocks is closed but the central bank is ready to take further action if needed to stimulate the economy.

U.S. stocks

he Fed chairman downplayed concerns that the U.S. can fall back into recession. "Bernanke found the right tone by saying 'we know that things are weaker than expected, but still think we're going to overcome it,'" said Scott Marcouiller, technical strategist at Wells Fargo Advisors. the big problema that was generate the u.s. stock closed caused Intel Corp a momentary low in the major indexes to announce that its third-quarter sales may be over 1,000 million dollars under its provisions. However, u.s. stock closed and the chip maker's shares rose 1.1 percent to $ 18.37, after falling more than 15 percent since late July. The Dow Jones industrial average rose 164.84 points, or 1.65 percent, to 10150.65 points. The Standard & Poor's 500 Index gained 17.37 points, or 1.66 percent to 1064.59 points.

U.S. stocks closed

The Nasdaq Composite gained 34.94 points, or 1.65 percent, to 2153.63 points. For the week, the Dow Jones lost 0.6 percent, the S & P 500 fell 0.7 percent and the Nasdaq fell 1.2 percent. Both the Dow and the S & P 500 chained his third straight week of losses. The market and u.s. stock closed and had begun to rise, by a report of economic growth in the second quarter, but was revised down was better than expected. The debate over whether the economic recovery is losing momentum or the country is headed for a relapse into recession pressured the market. Actions that benefit most from the strength of the economy were among those who led the increases. The roles of heavy equipment maker Caterpillar rose 3 percent to $ 65.9, and those of Boeing gained 3 percent, to $ 63.16 and the u.s. stock close.