S&P 500 index flat after Bernanke's statement

Source: Dukascopy Bank SA
S&P 500 index traded flat on Thursday as gains from China interest rate cut was offset by Fed's unwillingness to propose further easing. US benchmark gave up 0.01% or 0.14 points to 1,314.99. Regions Financial Group gained 2.4% after its stock was upgraded to outperform by Macquarie Group. Pall Corp. sank 4.3%. Filtration and separation products provider reported 3rd-quarter revenue that underperformed analysts' forecasts. 

Back to articles

Actual Topics

Fri, 08 Jun 2012 09:49:28 GMT

U.K. manufacturing costs drop 0.2%

As petroleum prices fell to its record low in three years, the manufacturing output prices also experienced a decline. According to the Office for National Statistics, the costs of goods have dropped for the first time since December and the price at factory gates plummeted by 0.2% from the month of April. In contrast, economists anticipated a 0.1 percent advance.  

Fri, 08 Jun 2012 11:17:28 GMT

Nikkei 225 drops on disappointment after Fed announcement

Japan's Nikkei Stock Average erased previous days sharp gains and plunged on Friday to a 3-week record drop after Federal Reserve damped expectations for easing. Nikkei 225 fell 2.09% or 180.46 points and ended at 8,459.26. Exporters returned to loses after Yen strengthened 0.7% against Euro and Spain was downgraded by Fitch. Sony Corp. and Sharp Corp. each dropped 5.3%.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.