US equities moved sligtly lower on Tuesday

Note: This section contains information in English only.
Source: Dukascopy Bank SA
US equities were slightly lower on Tuesday despite positive news from the US. US current account deficit narrowed more than expected in Q2. At the same time, uncertainty over whether Spain will apply for bailout created heavy pressure on the US stock markets. The S&P 500 Index inched down by 0.13% to close at 1,459.32. Five out of ten sectors within the index climbed. Telecommunications and consumer goods were the biggest gainers in the S&P 500 index. CenturyLink and Frontier Communications advanced 0.88% and 0.42% while Amazon.com and Brown Forman gained 0.29% and 1.30%. At the same time, financials and utilities dragged the index lower. Comerica, KeyCorp and People's United Financial fell 0.99%, 0.22% and 0.82%, respectively. Among utility companies, Ameren and Consolidated Edison Company slumped 0.28% and 0.43%. On the downside was also Advanced Micro Devices, losing 9.73% after unexpectedly announcing that its CEO is leaving the company.

 

Back to articles

Actual Topics

Wed, 19 Sep 2012 16:32:06 GMT

U.S. gasoline inventories fell in Q3

Gasoline stockpiles in the U.S. declined surprisingly in the third quarter of 2012, the US Energy Information Administration reported on Wednesday. Gasoline Inventories declined to a seasonally adjusted annual rate of -1.407M, down from -1.177M in the prior quarter. Experts had predicted U.S. Gasoline Inventories to jump 1.229M in the last quarter.

Wed, 19 Sep 2012 16:21:06 GMT

Treasuries continue rally on Eurozone crisis, credit concern

On Wednesday, September 19, treasuries climbed for the third day in a row, after Jyrki Katainen, Finnish Prime Minister, said that investors continue to worry that Eurozone can breakup, which supported the safe haven demand. The yields on benchmark 10-year notes declined 0.02 percentage point, or 2 basis points, reaching 1.79% at 7:35 a.m. New York time.

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.