Nikkei 225 closes higher

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Source: Marketwatch
Japanese benchmark Nikkei 225 closed 0.6% or 52.23 points higher at 8,695.98 on investor hopes for progress in tackling debt crisis. Financial shares were among main advancers in Japan. Sumitomo Mitsui Financial Group added 2.2%, Mizuho Financial Group Inc. gained 2.9% while Nomura Holdings Inc. rose 2.8%. Asian exporters also contributed positively to the index: Elpida Memory Inc. edged up 4.1% and Toyota Motors Corp. surged 2.66%. Electronic components' producer TDK corp. was the major decliner giving up 3.93%.

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Mon, 05 Dec 2011 15:15:10 GMT

S&P 500 marginally down on Friday

On Friday S&P 500 benchmark index closed at 1,244.28, 0.02% or 0.3 points down. Nevertheless index gained 7.4% on weekly basis as Fed cut dollar borrowing rates for European banks and China announced monetary policy easing. For S&P 500 Index last week was the best since March 2009. Banking stocks were among main gainers. Morgan Stanley advanced 6.96%, J. P. Morgan Chase & Co. added

Mon, 05 Dec 2011 14:00:06 GMT

S&P 500 and Dow Jones end week slightly down

Although US stocks opened higher on Friday morning trade, Dow Jones Industrial Average and S&P 500 Index did not manage to maintain gains and closed slightly down. Dow Jones Industrial Average gave up 0.01% or 0.61 points and closed at 12,019.42 while S&P 500 slid 0.02% or 0.30 points and ended week at 1,244.28. Nasdaq Composite was the only of three major indexes that managed to

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