U.S. stocks turned green on housing data

Source: Marketwatch
© Scanpix/AP

U.S. stocks turned green on Wednesday, as upbeat data from the U.S. pointed to property market recovery. The Dow Jones Industrial Average advanced 0.1%, to 13,543.30; the Standard & Poor 500 Index jumped 0.4%, to stand at 1,460.19, while Nasdaq 100 futures added 0.2%, to 3,109.02.

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Wed, 17 Oct 2012 19:04:24 GMT

European stocks edged higher on Wednesday

European stocks edged higher on Wednesday, October 17, as Spain dodged its credit rating downgrade by Moody's. The Stoxx Europe 600 Index rose 0.47 per cent to 275.66. Germany's DAX Index edged higher 0.25 per cent to 7,394.55 and France's CAC 40 Index rocketed 0.76 per cent to 3,527.50.  

Wed, 17 Oct 2012 17:14:28 GMT

German equities inch up on Wednesday

German equities inched higher on Wednesday as concerns over economic uncertainty in Spain eased. Moody's left Spain's credit rating unchanged but warned that negative outlook remained. Pushing German shares higher, US building permits and housing starts beat estimates last month. The DAX Index eased up by 0.06% to trade at 7,380.62. Five out of nine sectors included in the index

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