S&P 500 gained average 16% over two years

Source: Bloomberg
© Scanpix/Agence France-Presse
The Standard & Poor's 500 Index, that has dropped 2.5% from its highest level on May 21, gained an average 16% over two years the previous four times the Fed started raising its interest rates. The S&P shares declined weekly for the third time in last month, falling 1% to 1,626.73 previous week, after Chinese industrial production missed the expectations.
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Mon, 17 Jun 2013 10:39:08 GMT

Japan shares recover after Asia expects Fed meeting

Most Asian stock markets prolonged rises on Monday, with the Japan's shares recovering from the beginning of the week after many major overseas sellers advanced amid the Yen's losses. Nikkei Stock Average rose 2.2% with the benchmark's 1.9% gain on Friday, after declining for three days in a row. The broader Topix increased 2.1%.

Mon, 17 Jun 2013 10:17:18 GMT

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