S&P 500 slightly up after holiday

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Source: Dukascopy Bank
S&P 500 index traded almost flat on Tuesday as investors returned from holiday. US stock index climbed 0.07% or 0.98 points and finished at 1,362.21 supported by oil shares. Marathon Oil surged 2.3% and Tesoro Petroleum gained 2%. Wynn Resorts jumped 6% on news it will purchase Japanese gambling giant Kazuo Okada's 20% stake at a large discount. Netflix tumbled 3.7% after its competitor Comcast released a new instant video streaming service. 

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Wed, 22 Feb 2012 14:15:50 GMT

Hang Seng index 0.3% higher on property shares

Hong Kong's Hang Seng index finished modestly higher on Wednesday Hang Seng index added 0.33% or 70.56 points and closed at 21,549.28 led by property companies. China Overseas Land & Investment added 2.8% and China Resources Land climbed 2.9%. Gains were limited as HSBC preliminary gauge showed China's manufacturing may decline in February. Among major decliners were Li & Fung

Wed, 22 Feb 2012 14:03:22 GMT

Greek bailout decreases borrowing costs for Italy and Spain

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