Dow advances on positive unemployment data in the U.S.

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Source: Dukascopy Bank SA
U.S. blue chips surged on Thursday, as jobless-benefit claims fell more than expected. In addition, retailers jumped amid advance in March sales. The Dow Jones Index climbed 0.4% to 14,865.14 points, the highest value ever. 25 out of 30 companies and eight out of nine sectors included in the gauge posted gains. Pfizer Inc, a pharmaceutical corporation, rallied 2.4% to $30.64 after the U.S. regulators agreed to faster introduction of a new breast cancer drug, developed by the company. The Travelers Cos Inc. followed with a 1.5% rise to finish at $86.06. Verizon Communications Inc added 1.3% to $50.51. Alongside to that, Hewlett-Packard plunged 6.5% to $20.88, pushing the technology sector into the red zone, as the worldwide personal computer shipments slid 14% in the first quarter of 2013. Microsoft Corp and Intel Corp followed with a 4.4% decrease and a 2% drop to close at $28.93 and $21.82, respectively.
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Fri, 12 Apr 2013 10:57:04 GMT

Japan's bonds decline amid BoJ purchases

Japan's government bonds dropped on Friday falling four fourth day this week as demand for securities was curbed by the Bank of Japan's offer to purchase short- to long-term securities in a total value of 2.51 trillion yen ($25.3 billion). The Japanese benchmark 10-year yield increased by six basis points to 0.635% at 4:24 p.m. Tokyo time after the rate

Fri, 12 Apr 2013 10:46:03 GMT

U.S. stocks edge higher on improving retail sales

U.S. stocks advanced, with the Standard & Poor's Index climbing for a fourth consecutive day, as retailers rallied on rising sales in March and the applications for unemployment benefits dropped more than expected. The S&P 500 Index surged 0.4% to 1,593.37. All but one group in the index edged higher. GameStop Corporation, a developer of electronic game and PC entertainment

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