& çâÌæÚUæð´ ·¤è ¥ôÚU Îð¹Ùæ ÁæÚUè ÚU¹ð´ ¥ÍæüÌ ¥ÂÙð ÜÿØ ÂÚU ŠØæÙ ÚU¹ð´Ð ãæÚU Ù ×æÙð´, €UØô´ç·¤ ·¤æ× ·¤ÚUÙð âð ¥æÂ·¤ô ©gðàØ ·¤è Âýæç# ãôÌè ãñ ¥õÚU ÁèßÙ ·¤æ ¹æÜèÂÙ ÎêÚU ãôÌæ ãñÐ ÖÜð ãè ÁèßÙ ×ð´ ç·¤ÌÙè Öè ·¤çÆÙæ§ü €UØô´ Ù ¥æ°, çÁ™ææâæ ¥õÚU ©ˆâæã ÕÙæ° ÚU¹ð´Ð ŠØæÙ ÚU¹ð´, ÜÿØ ã×ðàææ ¥æÂ·Ô¤ Âæâ ãôÌð ãñ´ çÁ‹ãð´ ÂæÙð ·Ô¤ çÜ° ÂýØæâ ¥æÂ ·¤Öè Öè àæéM¤ ·¤ÚU â·¤Ìð ãñ´Ð

Wall Street building confidence

AFP, New York
With confidence rising of a recovery from recession, Wall Street faces historically its worst month of the year with memories still fresh from last September's financial market debacle.
The market streaks to a new month up some 50 percent from $ lows hit in March, but with investors beginning to turn cautious.
Some analysts say that even if the economy is on the mend from its brutal recession, the market will need to consolidate to avoid getting
overextended.
Others point out that further gains will only bring the market back to its levels a year ago before the financial panic deepened in the wake of the collapse of Lehman Brothers and rescue of AIG and others.
In the week to Friday, the Dow Jones Industrial Average managed a 0.4 percent gain to end at 9,544.20, near its highs for the year.
The technology-rich Nasdaq composite advanced 0.39 percent to 2,028.77 while the broad-market Standard & Poor's 500 index edged up 0.27 percent to 1,028.93.
The stock market remains in a twilight zone that provides ammunition for both bulls and bears.
The broad S&P index is up more than 50 percent from March 9 lows — which would qualify as a roaring bull market - but is still off some 34 percent from record highs in 2007, with recovery still elusive from a horrific bear market.
Some jitters are approaching meanwhile about the September effect.
This is the market's worst month, with an average loss of around one percent. Last year's financial market blowup and the failure of Lehman
Brothers and a freezeup in credit dragged the S&P down by 9.2 percent for the month.
“The curse of the month of September, the weakest month of the year, is likely to bring in some selling before we even enter the month," said Al Goldman, strategist at Wells Fargo Advisors.
“Also, there is no clear evidence that the market has totally worked off its five-month, 50 percent rally. Fortunately, these are only very short-term problems. Much more important are the improving fundamentals and a reasonable (valuation) ratio.”