U.S. stocks advance on better-than-expected employment data

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Source: Bloomberg
The U.S. stocks extended rally to a fourth consecutive week as the U.S. jobs data, which beat analysts' expectations, erased a 4-day decline amid investors' disappointments with world stimulus efforts. The S&P 500 gained 0.4% to 1,390.99 for the week, while the Dow Jones Industrial Average experienced the longest rally since last autumn.   
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Mon, 06 Aug 2012 09:09:06 GMT

Aussie trades near four-month high

Australia's Dollar was 0.2% from a four-month high and government note yields amid speculation the Reserve Bank will abandon diminishing the developed world's strongest interest rate tomorrow. The Aussie traded at $1.0563, after reaching $1.0580 last week, the highest since March 20. The South Pacific 10-year note yield gained 0.12 percentage points to 3.23%. The 15-year yield rose to 3.55%,

Tue, 07 Aug 2012 16:10:10 GMT

U.S. stocks jumped on data

U.S. stocks advanced on Friday after four day of losses as the optimism on the Eurozone's debt crisis resolution grew and U.S. non-manufacturing activity jumped in July. The Dow Jones Index soared 1.7 per cent, to 13,098.29; the S&P 500 Index added 1.8 per cent, to 1,389.84, and the Nasdaq Composite jumped 1.9 per cent, to 2,965.29.

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