U.S. equity falls on droping home sales

Source: Bloomberg
The S&P 500 index lost 0.2% to 1,500.18 points in the end of New York trading session on Monday. The major U.S. index slipped lower after the longest rally since 2004. Investors traded pessimistically, as the home sales index indicated a 4.3% contraction in December after 1.6% increase in November. Also, durable goods in the U.S. increased by 4.6% in December following a 0.7% gain in a previous month.
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Tue, 29 Jan 2013 09:48:04 GMT

Asian equities increase leading by Japanese banks

MSCI Asia Pacific Index was higher by 0.7% to 132.27 points by midday in Tokyo trading session on Tuesday. Asian region benchmark heads for the biggest weekly gain, as Japanese banks made announcements about possible profits. Mitsubishi UFJ increased by 4% and Sumitomo Mitsui Financial Group soared by 4.2%, as banks' nine-month profit each exceeded by $5.5 billion, as Nikkei

Mon, 28 Jan 2013 17:51:04 GMT

German shares retreat on Monday

European stocks stayed flat on Monday as reports on U.S. economic data showed that durables orders advanced while pending house-sales retreated. The DAX index erased 0.3%, or 23.62 points, to 7,833.75. All but one group in the gauge declined with utilities pairing biggest losses, as they tumbled 1.62%, followed by health care and consumer services that retreated 0.62% and

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