Wall Street rises on continued stimulus after payrolls

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Source: Reuters
© Scanpix/RS
U.S. stocks increased on Tuesday trading session with the benchmark S&P 500 Index recording its new all-time high after a government report shower lower-than-projected results in job creation in September suggesting continued stimulus by Fed. The Dow Jones industrial average added 0.49% to 15,467.66, the S&P 500 advanced 0.57% to 1,754.67 and the Nasdaq gained 0.24% to 3,929.566.

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Wed, 23 Oct 2013 07:32:05 GMT

Dollar drops versus Euro on less payrolls in September

The U.S. Dollar depreciated on Wednesday falling against the 17-nation bloc currency to the lowest level in two years amid concerns that the Federal Reserve might not scale back its stimulus measures after a government report showed fewer payrolls in September than forecast. The Dollar index slid to a level of 79.141, while the greenback traded at $1.3791 against the

Wed, 23 Oct 2013 07:06:10 GMT

Asian shares are little changed after U.S. data

Asian shares slipped on Wednesday as investors took their profits after a report showed that the payrolls in the U.S. increased less than economists originally expected suggesting that Fed might not scale back its stimulus. The MSCI Asia-Pacific index outside Japan traded off its session highs, while Seoul stocks fell from the strongest level in 26 months.

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