S&P 500 ended higher on merger talks

Source: Dukascopy Bank SA
US stocks were steady on Thursday, balancing between better-than-expected US jobless claims numbers and dismal data from the Eurozone. Market players were also cautious ahead of a G20 meeting due to start on Friday. The S&P 500 Index inched up 0.07% to end the session at 1,521.38. Six industries posted gains. The top-performers were oil and gas as well as financial industries. Among energy firms, Halliburton Company and Peabody Energy Corp. advanced 6.07% and 4.51% on speculation that the OPEC may cut its supplies by 1% this month. Meanwhile, financial stocks also climbed, with Berkshire Hathaway jumping 1.27%. Berkshire Hathaway and 3G Capital announced they plan to buy H.J. Heinz Company for USD23 billion. Shares of H.J. Heinz Company soared 19.87%. Constellation Brands skyrocketed 37.23%, the biggest gain in S&P 500, after the company was granted perpetual rights to distribute Modelo Brands in the US. At the same time, Centurylink was the top loser, slumping 22.60% after cutting its dividend by 26%.

Back to articles

Actual Topics

Fri, 15 Feb 2013 12:53:04 GMT

Mexico Peso slips on negative data from Europe

The Mexican Peso depreciated 0.1% to 12.6958 per U.S. Dollar in the end of Mexico City trading session on Thursday. The Peso dropped on a negative data form Europe, as the European economy contracted more than economists predicted and damped the economic outlook for the global growth. The Peso was indifferent with the U.S. jobless claims, which dropped by 27,000.

Fri, 15 Feb 2013 13:45:03 GMT

European equity is little changed

The Stoxx Europe 600 Index was lower by less than 0.1% to 287.61 points in early London trading session on Friday. The gauge is ahead to set a 0.1% weekly gain. Market performance is mixed after earning announcements, as PPR SA reported better than expected profit and stock advanced more than 4% and Aker Solutions ASA was lower by 7.1%

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.