S&P 500 posts the biggest decline for 2012

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Source: Dukascopy Bank
S&P 500 index experienced the biggest decline in 2012 on renewed concerns about the outcome of Greek deal. Moreover data showed European GDP contracted in 4th quarter. US index tumbled 1.54% or 20.97 points and finished at 1,343.36 pushed down by banks and industrials. Morgan Stanley fell 5.3% and Goldman Sachs dropped 4.2%. Apple Inc. lost 0.5%, prolonging its two day drop to 2.7%. Company is releasing its third generation of iPad tomorrow in San Francisco. 

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Wed, 07 Mar 2012 13:29:58 GMT

Dow Jones Industrial Average drops more than 200 points on Tuesday session

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Wed, 07 Mar 2012 12:37:34 GMT

Indonesia plans to restrict overseas stakes in mining projects to 49%

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