European futures increase before U.S. debt ceiling vote

Source: Bloomberg
The Euro Stoxx 50 Index futures were 0.2% higher to 2,720 points in early London trading session on Wednesday. That would lead to the Stoxx 600 increase, which this month increased in the highest level since February, 2011, on better-than-expected U.S. corporate earnings. Today, the U.S. lawmakers vote to suspend the debt ceiling at $16.2 trillion until 19th of May.
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Wed, 23 Jan 2013 12:28:04 GMT

U.S. stocks gain as corporate profits beat estimates

U.S. shares advanced, as corporate profits from Companies, such as, Freeport-McMoRan Copper & Gold Inc. and Travelers Cos. beat the analysts' estimates. The Standard & Poor 500 climbed 0.4% to 1,492.51 points. All but one group in the gauge advanced. Technology shares posted the smallest increase in the index by adding 0.19%, as Seagate Technology rose 7.1%. Western Digital Corporation

Wed, 23 Jan 2013 16:01:10 GMT

Copper slips from a one-week high as production in China reaches record

Copper futures with settlement for three months were lower by 0.4% to $8,098 a metric ton on London Metal Exchange during Asian trading session on Wednesday. The metal price declined from a one-week high, as China's industrial companies announced that production jumped by 22% in December, making a new record. Also, total output increased by 11% in 2012.

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