U.S. shares halt their advance

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The U.S. shares erased their earlier gains after Fed Chairman stated the monetary stimulus  alone cannot avert the so called "fiscal cliff" effects of automatic tax hikes and  spending cuts  set to come into force next year. Investors now focus on the progress of budget talks in Washington.

The S&P's 500 Index advanced less than 0.1% to 1,428.48 bouncing back from its earlier gain of 0.8%. Five out of ten industries  in the index eased down  with Technology tumbling the most by 0.47%. Consumer services and Health care also posted losses by declining 0.18% and 0.17%, respectively. Meanwhile, phone, financial and energy  companies added the most. Among the best performers was Netflix Inc. as its shares rose 5.40$% after Moody's Investors Service assessed the company's outlook as stable and downgraded its debt rating  also saying that the recent deal with Walt Disney Company is one step closer in building exclusive  content. The second biggest gainer was FMC Corp. that surged 4.78%  after announcing  it will beat its long-term goal of achieving $5 billion in sales by 2015. Alongside to that, the shares of Seagate Technology slid 4.41% and CF Industries Holdings' stocks lost 3.47%.

Back to articles

Actual Topics

Thu, 13 Dec 2012 09:48:13 GMT

Concerns over "fiscal cliff" cap gains in the Dow Jones industrial Average

The U.S. Blue chips  inched lower as the Fed's plan to buy $45 billion a month of Treasury securities needs to be supported by a budget deal to halt the "fiscal cliff". The president aims to reach a deal with Republicans , by lowering  his tax increases' demand from $ 1.6 trillion on Tuesday to $1.4 trillion yesterday. However, the

Thu, 13 Dec 2012 12:22:57 GMT

Wheat sank on bleak US export forecast

Farm commodities plunged on Wednesday despite improved demand for riskier assets after the Fed announced additional stimulus measures. However, weak demand for US grains and rising production of softs in South America and China offset optimism over US economy, sending rural commodities lower.Wheat dipped after the USDA cut its outlook on US wheat exports in 2012-13, citing tough competition on

Subscribe to "Fundamental Analysis" feed

Abonnieren
Um mehr über die Forex/CFD Handelsplattform von Dukascopy Bank SA, sowie über den SWFX und weitere handelsbezogene Informationen zu erfahren,
rufen Sie uns bitte an oder hinterlassen Sie eine Rückrufanfrage.
Für weitere Informationen über eine mögliche Zusammenarbeit,
bitte rufen Sie uns an oder fordern Sie einen Rückruf an.
Um mehr über die Dukascopy Bank Binären Optionen zu lernen /Forex Handelsplattform, SWFX und andere Handelsbezogenen Informationen,
bitte rufen Sie uns an oder fordern Sie einen Rückruf an.
Um mehr über die Forex/CFD Handelsplattform von Dukascopy Bank SA, sowie über den SWFX und weitere Handelsbezogenen Informationen zu erfahren,
rufen Sie uns bitte an oder hinterlassen Sie eine Rückrufanfrage.
Um mehr über Krypto Handel/CFD/ Forex Handelsplattform, SWFX und andere Handelsbezogenen Informationen zu erfahren,
bitte rufen Sie uns an oder fordern Sie einen Rückruf an.
Um mehr über Business Introducer und andere Handelsbezogenen Informationen zu erfahren,
bitte rufen Sie uns an oder fordern Sie einen Rückruf an.
Für weitere Informationen über eine mögliche Zusammenarbeit,
rufen Sie uns bitte an oder bitten Sie um einen Rückruf.