US stocks climb on Apple and home builder data

Source: Marketwatch
US shares advanced on Monday lifted by Apple Inc's decision to issue dividends amid improved home builder sentiment. S&P 500 index gained 0.4% or 5.58 points and finished at 1,409.75, Dow Jones Industrial Average index added 0.05% or 6.51 points and closed at 13,239.13 while Nasdaq Composite surged 0.76% or 23.06 and settled at 3,078.32.
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Tue, 20 Mar 2012 10:25:28 GMT

Gold lost 0.27% at Asian session amid Fed announcement

Gold futures were lower during the Asian session on Tuesday after rallying on the increased gold buying of the central banks. The yellow metal was pressured as Fed official announced there would not be any additional easing measures in the US. COMEX gold April contract traded at 1,662.85 US Dollars per ounce on the New York Mercantile Exchange, falling by

Tue, 20 Mar 2012 10:56:21 GMT

China to invest in Latin America

China and the Inter-American Development Bank (IDB) have reported that they plan to set up a fund worth 1 billion US Dollars aimed at developing markets of Latin America. The fund will provide financial backup for private and public sector projects as well as it will invest in equity markets. The Export-Import Bank of China and IDB will provide 150

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