S&P 500 index adds 0.7% on pending home sales

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Source: Dukascopy Bank
S&P 500 index extended gains on Thursday as supported by earnings and almost four times increase in pending home sales in March. US index gained 0.67% or 9.29 points and finished at 1,399.98. Citrix Systems jumped 12% after the software provider's outlook for earnings in 2012 beat the median analyst estimate. In contrast, Akamai Technologies tumbled 14%, after predicted net income that missed expectations. Aetna also plunged 8.2% after health insurer posted disappointing 1st-quarter profit.


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