U.S. shares climb as investors expect manufacturing report

Source: Bloomberg
© Scanpix\AFP
U.S. equities advanced, as the Standard & Poor's 500 Index showed its first monthly decline since October, ahead of the data that may indicate manufacturing recovered previous month from its biggest fall since 2009. The S&P 500 jumped 0.7% to 1,617.92 and the Dow Jones Industrial Average gained 0.6% to 15,001.39.
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Tue, 02 Jul 2013 07:59:07 GMT

Sterling little changed against greenback

The Sterling was little changed versus the greenback and 17-nation currency ahead of data that are expected to show growth in U.K. construction sector for a second straight month. The British currency was at $1.5210 at 7:17 a.m. in London, it touched $1.5166 on June 28 and that was the weakest level since May 31, while the Pound traded at

Mon, 01 Jul 2013 15:50:13 GMT

Euro block unemployment rate at record high, inflation rises amid energy costs

Unemployment rate in the Euro block rallied and reached a record high level, indicating that the recession in business activity prolongs to reflect on the labor market in spite of growth signs in the economy. The unemployment rate climbed to 12.1% in May, there were approximately 19.22 million jobless people in the Eurozone in May.

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