Science and Technology Science and Technology
Wed, May 23, 2012
[ Wed, May 23rd 2012 ] - Market Wire
Moody's Upgrades Mylan
[ Wed, May 23rd 2012 ] - Market Wire
Kirkland Lake Gold Update
[ Wed, May 23rd 2012 ] - Market Wire
Oracle Buys Vitrue

S&;;P 500 Sees Largest Gain in Two Months After China Signals It Would Support Growth


Published on 2012-05-23 05:26:16 - Market Wire
  Print publication without navigation


May 23, 2012 08:20 ET

S&P 500 Sees Largest Gain in Two Months After China Signals It Would Support Growth

Five Star Equities Provides Stock Research on Apple and Boeing

NEW YORK, NY--(Marketwire - May 23, 2012) - U.S. stocks got a boost in Monday trading after recent comments from China's Premier Wen Jiabao signaled they were prepared to support growth. The S&P 500 Index saw its largest increase in two month as it jumped 1.3 percent on Monday to 1,311.5. Five Star Equities examines the outlook for companies in the S&P 500 and provides equity research on Apple Inc. (NASDAQ: [ AAPL ]) and the Boeing Company (NYSE: [ BA ]).

Access to the full company reports can be found at:

[ www.FiveStarEquities.com/AAPL ]

[ www.FiveStarEquities.com/BA ]

"The country should properly handle the relationship between maintaining growth, adjusting economic structures and managing inflationary expectations," Wen Jiabao commented during a recent tour. "We should continue to implement a proactive fiscal policy and a prudent monetary policy, while giving more priority to maintaining growth," Wen said.

"We're in need of some rally here after the recent pullback," said Eric Teal, chief investment officer at First Citizens Bancshares Inc. "China's comments were encouraging as it stands ready to provide stimulus to avoid a hard landing. That's important for global economy."

Five Star Equities releases regular market updates on the S&P 500 so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at [ www.FiveStarEquities.com ] and get exclusive access to our numerous stock reports and industry newsletters.

Apple's shares rallied nearly 6 percent Monday. Despite the recent 28-nanomenter chip shortage, Piper Jaffray analyst Gene Munster has maintained his iPhone shipment target. He gave the company a 80 percent chance of reaching his target of nearly 50 million iPhone units in the December quarter, when the iPhone 5 is expected to launch. "We believe the iPhone 5 will represent the biggest consumer-electronics product launch of 2012 as well as the biggest device-upgrade cycle in smartphone history," Munster wrote.

Boeing recently announced that it has completed the acquisition of Inmedius, a provider of software applications and services for managing and sharing information and learning content. Terms of the transaction, announced on April 26, were not disclosed. Inmedius will be integrated into Continental DataGraphics (CDG), a subsidiary of Boeing Commercial Aviation Services.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: [ www.FiveStarEquities.com/disclaimer ]