Dow Jones Industrial Average

Source: Dukascopy Bank SA
© Dukascopy Bank SA
U.S. equities moved up on improving prospects for a budget deal for 2013 to halt the so-called "fiscal cliff". Optimism was raised on improving data for the nation's economy, as fewer Americans filed applications for jobless benefits. The unemployment claims declined by 25,000 to 370,000 at the end of the last week. The Dow Jones Industrial Average increased 0.3%, or 39.55 points, to 13,074.04. All but two sectors edged higher, as Financials tumbled 0.48% and Health care did not post any changes. Among sectors advancing the most were Oil and gas, Technology and Consumer goods by rallying 0.80%, 0.63% and 0.57%. Intel Corporation gained the most by surging 1.36% on speculation the chipmaker might manufacture mobile chips for Apple. Intel also announced the company's outgoing chief executive, Paul Otellini, is likely to be replaced by an internal hire. Two other top performers were Cisco systems and McDonald's Corporation by adding up 1.25% and 1.29%, respectively. The only sector falling was Financials with a 0.5% decline. The worst performing company was Travelers Cos by tumbling 1.15%, Walt Disney and AT&T by losing 1.07% and 0.77%, respectively.


© Dukascopy Bank SA
Back to articles

Actual Topics

Fri, 07 Dec 2012 17:08:36 GMT

U.K. manufacturing contracts more than expected

U.K. manufacturing shrank more than expected in October after food and alcohol declined showing a slowdown in the economic growth pace at the beginning of the fourth quarter. Factory output fell the most in four months, 1.3% lower compared to September. Ten out of thirteen categories slumped in October. The Europe's debt crisis has weakened the U.K.'s largest export market."The

Fri, 07 Dec 2012 17:18:40 GMT

S&P 500

U.S stocks advanced for the second consecutive day. The gains were driven by improving prospects in reaching the budget deal and the rebound of Apple Inc. from its biggest decline in four years. Experts said the rise in Apple stock has helped the overall market. In addition, U.S. economic data suggest the economy persists to grow, lately supported by better-than-expected

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.