U.S. shares keep rallying on optimism about fourh-quarter corporate profits

Note: This section contains information in English only.
Source: Dukascopy Bank SA
U.S. stocks extended their gains for a second consecutive week on rising optimism  about better-than-expected Chinese exports and corporate profits of the fourth quarter. The S&P 500 index rallied to 1,472.12, its highest in five years. However, only five out of ten groups in the gauge edged higher. Best Buy Co. added 16.4% to $3.52, the biggest gain in the benchmark index, pacing gains in the consumer services sector that was 0.34% up. The company surged on stabilizing sales in the U.S. after dropping in the previous quarters. Cognizant Tech Solutions, in turn, climbed 4.6% after Goldman Sachs upgraded the company to neutral from sell and increased the price target to $72.00 from $60.00. Furthermore, Monster Beverage Corporation rose 4.4%, as Zacks upgraded its stock rating from underperform to neutral. Alongside to that, Perigo Co. lost 5.8% after Goldman Sachs suggested to investors to sell the stock on Friday, adding to losses in the health care group that was 0.2% down. Peabody Energy Corporation erased 5.4%, capping further increase in the oil and gas sector.

Back to articles

Actual Topics

Mon, 14 Jan 2013 12:33:03 GMT

Spain's homes sales decrease by 6.1% in November

Residential property transactions in Spain decreased by 6.1% on annually calculated basis to 25,655 sales in November, as the statistical office INE announced on Monday. Sales, including free homes, were lower by 3.5% compared to the last year, while the protected house sales dipped by 24%. Overall, the total number of sales of all types of property declined by 5%

Mon, 14 Jan 2013 12:09:04 GMT

Treasuries gain on speculation that consumer prices will remain unchanged

The U.S. 10-year yields benchmark slipped by 2 basis points, or 0.02 percentage point, to 1.85% in early London trading session on Monday. Treasuries increase for a second day, as market waits a report from the U.S. government on consumer prices changes in December. According to economists, the index should remain unchanged, meaning stagnated prices in December.

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.