S&P 500 index climbs supported by US borrowing data

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Source: Dukascopy Bank
S&P 500 index traded higher on Tuesday as data showed consumer borrowing surged in December and Greek officials said they are close to approve budged measures. US stock index gained 0.2% or 2.72 points and closed at 1,347.05  with seven of ten sectors posting gains. Anadarko Petroleum Corp. jumped 5.2% after oil producer's profit beat Wall Street expectations. Sears Holdings was the winning stocks on Tuesday, advancing 6%. On the negative side Alpha Natural Resources dropped 5%. 









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Wed, 08 Feb 2012 11:34:41 GMT

Dow Jones trades higher as US job openings soar

Dow Jones Industrial Average Index retreated on Tuesday on news the number of new job openings in January climbed more than expected and Americans borrowed more in December. Blue chip index added 0.26% or 33.07 points and finished at 12,878.20. Coca-Cola climbed 0.8% after the world's biggest soft-drink producer, reported higher than expected 4th quarter profit. McDonalds Corp. surged 1.4%

Wed, 08 Feb 2012 10:54:30 GMT

Coca Cola outperforms profit estimates

Coca-Cola the world's biggest soft-drink producer, reported higher than expected 4th quarter profit as juices and teas stimulated sales in Asia. Profits totalled 79 US cents per share compared to 77 cents a share predicted by analysts. Coca Cola shares gained 1.3% on the announcement. Company's stocks advanced 6.4% in 2011. 

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