U.S. shares stable as S&P 500 rally ends

Source: Reuters
Wall Street shares remained flat on Wednesday trading session with the benchmark index Standard & Poor's 500 rising by 3.9% in the last four sessions after company Procter & Gamble revealed its earnings outlook. The Dow Jones industrial average shed 0.19% to 15,963.94, the S&P 500 Index lost 0.03% and the Nasdaq Composite Index added 0.24% to 4,201.29.

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Thu, 13 Feb 2014 07:31:52 GMT

Aussie falls on disappointing jobs data

The Australian Dollar recorded a steep decline on Thursday as a report showed that unemployment rate in the country increased to the highest level since 2003 rising speculation for further rate cuts. The so-called Aussie slipped 1.1% to $0.8928 falling from the strongest level in a month at $0.9068 touched on Wednesday, it also lost 1.2% versus yen to 91.34.

Thu, 13 Feb 2014 07:17:19 GMT

Asian stocks slip on concerns over growth forecast

The majority of Asian shares inched lower on Thursday trading session falling from their highest level in three weeks and snapping five-day winning streak amid concerns over global economic growth as the U.S. Federal Reserve may continue to scale back its stimulus measures. The MSCI broadest Asia-Pacific gauge outside Japan dropped 0.7% following an increase by 4.5% in the previous

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