European stocks turned green on Thursday

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Source: Forexpros
© Scanpix/AFP

A sharper-than-expected fall in the U.S. unemployment claims sent European stocks higher on Thursday. The Stoxx Europe 600 Index gained 0.9% to 271.01. Germany's DAX Index edged higher 1.2% to 7,289.56 and France's CAC 40 Index rose 1.3% to 3,407.77

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Thu, 11 Oct 2012 17:44:08 GMT

Oil futures advanced on Thursday

On Thursday, October 11, oil futures edged higher despite the fact the U.S. Energy Information Administration reported oil supplies rose more than expected in the week ended October 5. Crude for November delivery soared 1.1% to $92.43 per barrel. At the same time, crude stockpiles rose by 1.7 million barrels, above analyst's expectations of a 0.78 million barrel increase.

Thu, 11 Oct 2012 17:22:16 GMT

U.S. stocks rise on better-than-expected jobless data

On Thursday, October 11, U.S. stocks extended gains after data showed jobless claims fell to a four-year low. The Dow Jones Industrial Average advanced 0.4%, to 13,401.9; the Standard & Poor 500 Index jumped 0.7%,, to stand at 1,441.95, while Nasdaq 100 futures added 0.8%, to 3,074.86. The total number of Initial applications for jobless benefits declined 30,000 to 339,000, above analysts' expectations for a

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