U.S. stocks edged higher after German vote

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Source: Forexpros

U.S. stocks edged higher on Wednesday, after a German court said it would not block ratification of the Eurozone's rescue fund. The Dow Jones Industrial Average rose 0.3%, to 13,328; the Standard & Poor 500 Index gained 0.3%, to 1,435.10, while Nasdaq-100 futures jumped 0.4%, to 2,791.25.

 

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Wed, 12 Sep 2012 15:20:48 GMT

U.S. import prices rose 0.7% in August

U.S. import prices jumped for a first time in five months in August, as fuel prices rose. The U.S. Bureau of Labor Statistics said on Wednesday, the prices paid for U.S. import rose by a seasonally adjusted 0.7% in August, compared to expectations for a 1.4% increase.  The cost of petroleum imports jumped 4.1%, pushing overall import prices higher.

Wed, 12 Sep 2012 14:49:49 GMT

Japan's machinery orders rose more than expected in July

Japanese core machinery orders surged in July, mostly led by an increase in manufacturing sector orders. Machinery orders, which is a leading indicator of corporate capital investment, jumped 4.6% from the prior month, after adding 5.6% in June, the Cabinet Office said on Wednesday. Manufacturing sector orders rocketed 12%, sign manufacturers are more confident about Japanese economy.

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