Thursday has started with a steady growth for US exchanges. Indexes are showing best statistics since the beginning of the week. Data about GDP in Great Britain has exceeded expectations, and US orders of durable goods also keep rising. In September it has increased by 9.9 percent, although experts were predicting the maximal growth to 7.8 percent. During the third quarter British GDP has increased by 1 percent, whereas the expected rise amounted to 0.6 percent, as informed by the Analytics Team of the «Market Leader».
Dow Jones Industrial Average has added 0.6 percent, having amounted to 13150 points. Standard & Poor's 500 index has increased by 0.8 percent, thus amounting to 1420 points, Nasdaq Composite has increased by 0.8 percent – to 3004 points.
Dow Jones index seems to have finished descending five-wave structure, which is a part of wave c of higher wave level. At this point the index is expected to grow, which may turn into mid-term reversal trend. At the same time, the alternative of wave 5 being expanded cannot be neglected.
