Wall street rose on Monday as fiscal cliff talks continue

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Source: Reuters
U.S. stock futures went up on Monday snapping a five-straight-day losing streak, as talks to avert the $600 billion tax increases and spending cuts between the White House and legislators continued in Washington. The benchmark S&P 500 index futures added 3 points on Monday after recording a fall of 1.9% last week, while Dow Jones Industrial average futures rose 25 points and Nasdaq 100 futures lost 2 points.
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Mon, 31 Dec 2012 17:01:46 GMT

U.S. Dollar rises on fiscal cliff talks and BoJ stimulus speculation

The U.S. currency appreciated against its major counterparts on Monday as the President Barack Obama and lawmakers launched another round of negotiations to avoid $600 billion tax hikes and spending cuts and as the Bank of Japan came closer to starting its stimulus program in January. The U.S. Dollar rose 0.2% to $1.3191 per Euro and it added 0.2 %

Fri, 28 Dec 2012 17:52:37 GMT

DAX

German equities slumped as investors expected further developments in the budget talks. The U.S. President Barack Obama summoned the lawmakers to a White House meeting three days prior to a budget deal deadline to decide on a plan to avert the so called "fiscal cliff". The DAX index slid 0.7% to 7,604.53, showing a weekly drop of 0.4%. The gauge

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