U.S. shares advance on jobless claims decline

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Source: Bloomberg
U.S. shares gained, reversing this year's retreat for the Standard & Poor's 500 Index, as Macy's Inc. advanced and jobless claims declined ahead of start of unofficial earnings season. The S&P 500 climbed 0.2% to 1,841.27 as of 9:49 a.m. New York time, while the Dow Jones Industrial Average added 0.2% to 16,487.78. The S&P 500 has slid 0.6% this year, after last year's 30% increase.
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Thu, 09 Jan 2014 17:50:06 GMT

Emerging-markets shares drop on weak China's growth

Emerging-market stocks declined on Thursday falling towards the lowest level in four months on concerns over weak economic growth in China and as commodity companies tumbled. The MSCI Emerging Markets Index decreased as much as 0.9% to 964.84 as of 10:16 a.m. New York time, while the Shanghai Composite Index dropped to its 5-year low.

Thu, 09 Jan 2014 16:25:07 GMT

Portugal to offer its first bonds in eight months

Portuguese government plans to take an advantage from the optimism on the European bond market and decrease the borrowing costs considerably, while the country recently returned to the debt market, following Ireland. Analysts say that the country will have no problems in issuing its first debt in eight months. Today, yields for 10-year bonds have already dropped 0.11% to 3.98%.

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