Brazil's consumer confidence drops in February

Source: RTT News
Consumer confidence in Brazil declined in February falling for the third consecutive time towards the weakest level in almost five years, a report published by the Fundacao Getulio Vargas think tank showed on Monday. According to the company, Brazil consumer confidence index fell from January's level of 108.9 to 107.1 in February.

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Mon, 24 Feb 2014 17:04:07 GMT

Emerging markets drop on China's reduced lending

Emerging-market equities declined on Monday trading session mainly due to a notable drop in Shanghai shares falling by the most in a seven-week period aid speculation that reduced lending in the property market may curb growth. The MSCI Asia-Pacific gauge outside Japan slipped 0.2% to 957.14 as of 9:36 a.m. New York time.

Mon, 24 Feb 2014 16:15:56 GMT

Wall Street rises with S&P 500 reaching new high

U.S. shares increased on Monday trading session with the benchmark stock index Standard & Poor's rising towards the new all-time high on speculation that the country's economy may rise despite a scale back of the Fed's stimulus program. The S&P 500 Index gained 0.8% to 1,851.02 as of 9:57 a.m. New York time after it dropped 0.1% last week.

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