European shares recover and end the session higher

Source: Marketwatch
European equities fluctuated between gains and losses on Tuesday. Shares fell sharply on report US durable goods orders declined 4% in January but retreated later on data US consumer confidence climbed to 12-month record high. Stoxx Europe 600 index added 0.18% to 264.33, FTSE 100 index gained 0.21% and finished at 5,927.91 and German DAX advanced 0.56% to 6,887.63. French CAC 40 index edged up 0.36% and settled at 3,453.99. 
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Wed, 29 Feb 2012 12:22:09 GMT

S&P 500 index edges higher on US consumer confidence

S&P 500 index ended Tuesday session on the positive side as the drop in crude prices and better than predicted US consumer confidence supported investor optimism. The index added 0.34% or 4.59 points and finished at 1,372.18. Priceline.com Inc. jumped 7% on profit report that beat estimates. Micron Technology added 3.7% after acquiring Intel Corp stake. Apollo Group tumbled 16%

Wed, 29 Feb 2012 11:17:44 GMT

Indian economic expansion decelerated to 6.1% in Q4

India's economy expanded by 6.1% in Q4, indicating the slowest growth in about two years. The slowdown in expansion was mainly caused by the slowdown in mining and manufacturing. Economists surveyed by Dow Jones Newswires expected the country's economy to grow by 6.3% in the last quarter of 2011. However, investors remain optimistic about India's perspectives as they hope that

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