Dow Jones

Source: Dukascopy Bank SA
© Dukascopy Bank SA
U.S. blue chips finished sharply lower on Wednesday on mounting concerns over the final version of the U.S. budget deal and slumping retailers, as equity markets were closed for the Christmas Holiday. The Dow Jones Industrial Average fell 0.2%, or 24.49 points to 13,114.59. All but one sector out of nine inched lower with basic materials being the only gainer by adding 0.67%. Retailing sector was hurt the most, as Wal-Mart Stores declined 3.86%, Coca-Cola's shares lost 3.53% and Procter & Gamble erased 3.34% prompting consumer goods sector to fall the most by 0.79%. Furthermore, consumer services slid 0.59% and health care group shrank 0.22%. The losses in the latter group were triggered  by a 5.89% drop in the UnitedHealth Group's shares. The losses in financials sector were capped by Bank of America's shares that rallied 2.58%. In addition, information technology sector was supported by advancing stocks of Hewlett-Packard that were 0.79% up. Meanwhile, Basic materials added 0.67%, mainly led by a 1.28% increase in Alcoa's shares.
© Dukascopy Bank SA
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Thu, 27 Dec 2012 16:35:42 GMT

Nikkei 225

Japanese equities jumped, reaching their highest level since March 10 in the year 2011, the day before earthquake, as the Yen keeps weakening and the new government aims at more monetary easing. Investors are very optimistic about the new government, as Abe intends to change the BOJ's inflation target and push the bank for an aggressive monetary policy. The Nikkei

Thu, 27 Dec 2012 16:46:35 GMT

German shares jumped to their highest level in one week

German equities paired gains reaching their highest level in one week prior to U.S. lawmakers resuming discussions to prevent the so- called "fiscal cliff". In addition, investors are becoming more optimistic about the outlook for the Eurozone, as the ECB is taking measures to rebound the euro-area. The DAX index advanced 0.4% to 7,664.54 by 1:55 p.m. in Frankfurt. The

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