U.S. shares gain amid China growth target and U.S. stimulus program

Source: Bloomberg

Shares on Wall Street accelerated on Tuesday as China's government announced its decision to keep its economic growth target at the same level for 2013 and amid optimism the Federal Reserve will maintain its monetary policy in order to support the growth. The S&P 500 futures gained 0.4% to 1,531.2 and the Dow Jones Industrial Average futures added 0.3% to 14,159 on Tuesday.


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Tue, 05 Mar 2013 15:09:03 GMT

U.K. shares up as services industries accelerated in February

U.K. equities edged higher, with the FTSE 100 Index heading to its highest level in more than four years, after data showed that U.K. services industries unexpectedly expanded in February and companies reported higher-than-expected corporate profits. The FTSE 100 Index rose 1% to 6,406.39 by 15:31 in London. All but one sector climbed at least 0.4%. John Wood Group jumped

Tue, 05 Mar 2013 17:06:04 GMT

Australian retail sale turnover gained 0.9% in January 2013, seasonally adjusted

According to latest ABS Retail Trade figures, seasonally adjusted, Australian retail sale turnover gained 0.9% in January 2013, following a fall of 0.4% in December 2012 and 0.2% in November 2012. The largest input was done by other retailing (2.6%), household goods retailing (1.3%), food retailing (0.3%), cafes, restaurants and takeaway food services (1%), clothing, footwear and personal accessory retailing

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