New York stocks closed higher Wednesday oscillation

New York stocks closed higher on the 3rd oscillation, all three major indexes rose more than 2%, the Dow Jones index rose more than 170 points. As the data show that there are on the same day the United States increased the number of mortgage refinancing, to the financial and non-essential consumer goods up the plate to provide power, making U.S. trading Wednesday after a violent oscillation, the second consecutive trading day to close up. As of the close (5:00 am Beijing time), the Dow Jones Industrial Average rose 172.60 points to 8591.69 points, or 2.05 percent. Standard & Poor's 500 index rose 21.93 points to 870.74 points, or 2.58 percent; Nasdaq composite index rose 42.58 points to 1492.38 points, or 2.94 percent. Research In Motion (RIMM) lowered its third-quarter earnings per share and revenue goals. The Institute for Supply Management said that in November the U.S. service sector index fell to 37.3, fell to a record high. Over the same period released by the ADP national employment index reported that in November the private sector in the United States lost a total of 250,000 jobs, down more than 205,000 people expected to decline recently, the highest since 2007.