U.S. shares advance after investors weigh Fed Policy meeting

Source: Bloomberg
© Scanpix\Reuters
U.S. shares climbed with the Standard & Poor's 500 Index recovering from the last week's losses. Investors are awaiting an economic report that may show that the Federal Reserve may decide at this week's policy meeting to wind down its stimulus. The S&P 500 increased 0.8% to 1,639.04 and the Dow Jones Industrial Average gained 0.7% to 15,179.85.
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Tue, 18 Jun 2013 10:07:12 GMT

Hong Kong shares fall on China housing

Hong Kong shares retreated on worries that rise in China's house prices may lead to monetary stimulus reduction. The Hang Seng Index declined 0.8% to 21,056.33 at 9:50 a.m. Hong Kong time as every nine stocks slid for each that advanced on the 50-member index. The Hang Seng China Enterprises Index fell 1.1% to 9,640.79.

Tue, 18 Jun 2013 09:38:12 GMT

Canadian shares advance

Canadian shares advanced, following a fall for a third straight week for the benchmark index, as the price of crude reached highest level in nine months and home sales were up in May. The Standard & Poor's/TSX Composite Index gained 0.8% to 12,288.90 as of 4 p.m. Toronto time; however, the measure slid 1.5% previous week and has fallen 1.2%

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