Dow Jones Industrial Average lifted by Boeing results

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Source: Dukascopy Bank
Dow Jones Industrial Average index extended gains on Wednesday supported by Boeing earnings report. Blue chip index advanced 0.7% or 89.16 points and closed at 13,090.72. Boeing jumped 5%, posting the biggest daily gain for the Dow. Its first-quarter profit rallied 58% as local and overseas Airlines are replacing their aircrafts with more fuel-efficient planes. On the downside Caterpillar the world's biggest producer of construction machinery and equipment tumbled 4.6% after its income failed to meet expectations. 

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Thu, 26 Apr 2012 10:31:37 GMT

Nikkei 225 closes flat on Thursday

Japan's Nikkei Stock Average fluctuated between gains and losses on Thursday as Bernake indicated the Fed will step up in bond purchases in case it is needed. However, gains were erased by disappointing earnings reports from Japanese companies. Nikkei 225 closed flat at 9,561.83. Canon lost 2.2% after reporting a 11% gain in quarterly net income. Heavyweight Fanuc tumbled 6.1%

Thu, 26 Apr 2012 10:09:32 GMT

S&P 500 index rallies

S&P 500 index rallied on Wednesday as investors incorporated into prices the late Tuesday's news from Apple Inc whose profit surged 94% in the first quarter. US benchmark index jumped 1.36% or 18.72 points to 1,390.69. Apple rocketed 8.9% to USD 610 a share. The firm sold 35 million iPhone in the first three months of 2012. Lorillard dropped 4% after the

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