U.S. MARKETS

摘要

U.S. equity markets continued their upswing in the Sept. 8-14 reporting period with the Dow Jones Industrial Average gaining 129.46 points or 1.36 percent to finish at 9,626.8, while the S&P 500 index advanced 23.95 points or 2.34 percent to close at 1,049.34. The Nasdaq rose 54.01 points or 2.65 percent to close at 2,091.78. Barrick Gold was the most actively traded stock with news of its 4-billion dollars financing to trim its hedge book. The dilutive move sent the gold major's share price down 2.65 US dollars to close at 37.39 US dollars on a trading volume of roughly 133 million shares. Under the bought-deal financing, Barrick will sell 109 million shares at 36.95 US dollars apiece. It plans to use 1.9 billion US dollars from the offering to eliminate all of its fixed-priced gold contracts or hedges within the next 12 months and about 2 billion US dollars to eliminate a portion of its floating spot price gold contracts.