Wall Street awaits the rest of the season results

A street sign on Wall Street in New York (Photo Stan Honda / AFP / File)

Almost sure to enjoy for some time on the largesse of the U.S. central bank, the Wall Street brokers will focus on next week after the earnings season hoping new records.Over the past five sessions , the Dow Jones Industrial Average index feature involving 30 values of NYSE , advanced 1.11% to 15,570.28 points.The Nasdaq, dominated by technology, gained 0.74 % to 3943.36 points.The broader Standard & Poor 's 500 , meanwhile, grew 0.88 % to hit 1759.77 points, unprecedented level .Over the next meetings between the computer giants Apple and Facebook , pharmaceutical Merck and Pfizer, ExxonMobil and Chevron oil or GM and Chrysler cars, " investors will especially scrutinize corporate earnings ," according William Lynch , portfolio manager at Hinsdale Associates."So far , the numbers rather positively surprised the market," like sparks made by Google , Microsoft and Amazon , he notes .Only downside: S & P Capital IQ, the companies provided a forecast for the fourth quarter were overwhelmingly disappointed market expectations .But investors did not do too much because they hope to enjoy for several months very accommodative Federal Reserve (Fed) , notes Michael Gayed of Pension Partners.There are still a few weeks , the majority of market participants thought indeed that the central bank would cut by the end of the year the amount of Treasury bonds and mortgage-backed securities it purchases each month to support economic recovery (currently $ 85 billion ) .But since then, the procrastination of U.S. policymakers on the budget and the debt of the world's leading economic power caused partial paralysis in Washington for more than two weeks and brought the country to the brink of default .Markets trembled . Before rebounding in the wake of an agreement temporarily resolving the crisis.Also, even though the job market remains fragile and given the uncertainty remaining about how Washington will handle the negotiations on the country's finances , most analysts now believe the Fed will begin to curb its support measures in the spring of next year.

Investors will therefore pay particular attention to a meeting of the Monetary Policy Committee of the institution ( FOMC ) scheduled for Tuesday and Wednesday " for signs of a possible timetable ," said Michael Gayed .Many indicators are also planned in the coming sessions , whether figures on industrial production or promises of home sales Monday on retail sales and consumer confidence on Tuesday on the price Wednesday consumption or manufacturing activity Friday.This data will be taken with a grain of salt by the market , according to economist Joel Naroff ."The economy was not moving at breakneck speed before Washington decides to test its ability to destroy everything, but at least it progressed ," he notes . After the political imbroglio that disrupted the functioning of the country earlier this month , " we'll probably have pretty bad numbers for October and reaction rather good in November ," says the specialist." But it will be several months before we can really assess what is really in the U.S. economy ," said Joel Naroff . " As the uncertainty is reflected by the Fed to maintain its assistance , those shootent liquidity ( the institution ) will be very happy for at least one more time