U.S. stocks show growth in waiting for continuation QE3

At the end of Thursday U.S. stock indices show a positive trend, after the statistics from the U.S. fueled investors' hopes that the Fed will keep economic stimulus.

Thus, the Dow Jones industrial average rose by 0.43% and trading at 15369.02 points. The Nasdaq rose 0.70% to trade at 3 491.88 points. The S & P 500 rose by 0.52% and reached 1 656.90 points.

Also on Thursday, the Bureau of Economic Analysis at the U.S. Department of Commerce reported that according the second estimate real U.S. GDP growth for the I quarter of 2013 was 2.4% compared with I quarter 2012, while analysts believed that the rate does not change with 2.5%.

Also, the number of unemployment claims in the U.S. rose by 10 thousand and reached 354 thousand, while analysts expected that this indicator remains at the level of 340 thousand

Bloomberg agency quoted the manager of Federated Investors Kauflera Matthew, who said that the Fed will continue to keep the program QE 3, and so the stock market will rise.

The dollar continues to form correction to the upward movement - explain experts at the learning-online Department of Masterforex-V Academy. The closest major levels of support are located in the area and 83.08 and 82.82. Resistance is remained MF pivot 84.41.