Dow Jones Industrial Average traded flat on Monday

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Source: Dukascopy Bank
Dow Jones Industrial Average index traded close to flat on Monday as trading volumes were low and investors paused after recent rally. Blue chip index added 0.05% or 6.51 points and closed at 13,239.13 with energy and financial stocks marking the most notable gains. 17 of 30 Dow stocks ended up in green area. On the upside American Express surged 1.3% and JP Morgan Chase climbed 0.96%. On the negative side Bank of America retreated from previous gains and slumped 2.8%. 

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Tue, 20 Mar 2012 15:26:43 GMT

FTSE 100 index down on inflation data

British FTSE 100 index extended losses on Tuesday after BHP Billiton announced the demand for iron ore from China was falling. Resource stocks weighed heavily on the index with BHP Billiton tumbling 3.4% and Fresnillo slipping 4.4%. Rio Tinto and Kazakhmys lost 3.7% and 2.8% respectively. Banking shares declined after data showed UK inflation climbed 3.4% and remained above BoE

Tue, 20 Mar 2012 13:32:31 GMT

S&P 500 adds 0.4% driven by Apple

S&P 500 index strengthened to an almost four record high on news Apple Inc prepares to pay dividends and buy back its stock. US benchmark advanced 0.4% or 5.58 points and finished at 1,409.75. Apple surged 2.7% and UPS jumped 3.4% on announcement the company increased its bid for TNT Express NV by 5.6%. Morgan Stanley added 2.7% after lender

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