U.S. stocks jumped on data

Source: Marketwatch
U.S. stocks advanced on Friday after four day of losses as the optimism on the Eurozone's debt crisis resolution grew and U.S. non-manufacturing activity jumped in July. The Dow Jones Index soared 1.7 per cent, to 13,098.29; the S&P 500 Index added 1.8 per cent, to 1,389.84, and the Nasdaq Composite jumped 1.9 per cent, to 2,965.29.
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Fri, 03 Aug 2012 21:02:00 GMT

Oil futures rose on Friday

On Friday, August 3, oil futures edged higher as the U.S. jobs report came better-than-expected, and as stockpiles dropped earlier this week. Crude oil for September settlement soared 4.04 per cent to $90.65 per barrel during today's New York trading session. Among other energy-related products, September gasoline erased 0.6 per cent, to $2.92 per gallon, while heating oil for September delivery added 2.3 per cent,

Fri, 03 Aug 2012 19:24:00 GMT

German DAX soars on US labour market recovery

German shares surged on Friday, recovering previous losses on upbeat US labour market data. Slight gain in the Eurozone's services PMI last month also spurred German shares.  German DAX Index skyrocketed 2.26% to trade at 6,783.35. All industries included in the index surged. Financials and utilities were the top gainers, pacing an increase in DAX Index. Deutsche Bank and Commerzbank

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