BRICs will constitute a fifth of the global economy

Source: Bloomberg
Four most rapidly developing markets are enriching the world's economy more than ever before, creating  the biggest valuation opportunities for investors in the last seven years. In the meantime, the stock-market value of BRICs' has declined by 16% according to Bloomberg. O'Neill, who helps oversee USD824 billion, said the stock markets of BRIC are likely to double by 2020 creating bright perspectives for investors.
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Tue, 03 Jul 2012 10:05:35 GMT

S&P 500 finishes higher despite ISM data

S&P 500 managed to breach morning losses from weaker ISM manufacturing index on Monday and finished 0.25% or 3.35 points higher at 1,365.51 after several takeovers were announced. Micron Technology Inc. gained 3.8% after reporting it will  acquire an Apple Inc. supplier Elpida Memory Inc. Best Buy jumped rallied 5.9%, on news its founder is considering buying the company and

Tue, 03 Jul 2012 10:38:34 GMT

US treasury interest rates drop to the lowest value in June

US treasury prices increased on July 2, sending the interest rates lower. Yields of  10-year bonds dropped to 1.58%. Meanwhile interest rates of 30- and 5-year bonds both declined  to 2.69% and  0.67% after the Institute for Supply Management reported that their index fell below 50%. The decrease in the yields influenced the US stocks; Dow Jones Industry Average plunged

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