Dow Jones Idustrial average

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
U.S. blue chips fell on Tuesday as concerns about fiscal cliff continue to pressure stock markets. The president Barack Obama rejected the possibility of lowering the tax rates in 2013 and stayed in strong position to increase the tax rate for high-income earners. He also said that 98% of taxpayers could continue to pay lower taxes, whereas taxes on the wealthiest 2% should be increased to close the gap between the two layers. The Dow Jones industrial average eased 0.11% to 12,951.78. Only four sectors out of nine inched higher with Technology sector improving 0.39%, Basic Materials adding 0.20% and Consumer Services soaring 0.07%. Telecommunications sector suffered the most by falling 0.83%, followed by Oil and Gas sector that lost 0.58%. Hewlett-Packard was the best performing company with its shares jumping 5.13%, while Intel Corp and Bank of America gained 2.3% and 1.12%, respectively. The world's largest semiconductor maker Intel advanced to $ 19.97, as it might issue five-year securities that would yield 80 basis points more than Treasuries of a similar maturity. Meanwhile, Home Depot, Verizon Communications and Chevron Corporation performed the worst by declining 1.12%, 0.98% and 0.66%, subsequently.


© Dukascopy Bank SA
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Wed, 05 Dec 2012 19:18:35 GMT

Nikkei 225

Asian stocks advanced on gains in Chinese equities, as Communist Carty chief raised optimism on economic recovery in China. In addition, risk appetite rose, after Yen depreciated against the greenback, thus boosting up the shares of Japanese exporters. The Nikkei 225 index gained 0.39% to 9,468.84, rebounding from its previous losses of 0.6%. Driven by exporters and hopes for further

Wed, 05 Dec 2012 18:56:36 GMT

S&P 500

U.S. shares dropped as the President Barack Obama did not step back from his intent to raise taxes for the higher income earners in the nation. The administration of Barack Obama rejected Republican plan to avert the fiscal cliff without raising taxes for highest-income residents only a month before $600 billion in tax increases and spending cuts are coming into

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