US shares start the year with a rally

Note: This section contains information in English only.
Source: Marketwatch

US markets experienced sharp gains on their first trading session in 2012 after survey showed better than expected manufacturing data. Dow Jones Industrial Average jumped 1.5% or 179.82 points at 12,397.38, S&P 500 Index climbed 1.6% or 19.46 points reaching 1,277.06 while Nasdaq Composite Index rose 1.7% or 43.57 points closing at 2,648.72.

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Wed, 04 Jan 2012 07:50:50 GMT

European stocks close higher on US manufacturing data

European shares rallied Tuesday as in the morning they were lifted by lower than expected jobless rate in Germany but in the evening US reported better than predicted manufacturing activity. Stoxx Europe 600 index added 1.6% or 3.91 points and finished at 251.06, UK's FTSE 100 index rocketed 2.3% or 127.63 points after bank holiday and closed at 5,699.91. German DAX 30 index climbed 1.5% or 91.05

Thu, 05 Jan 2012 09:47:06 GMT

Greece may need additional fiscal measures

Greece may need extra fiscal measures to comply with 2011 budget requirements, said the government spokesman. Moreover, the interim government developed 'very specific' measures to pursue the goal of staying in the Euro Zone, the official added.

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