S&P 500

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Source: Dukascopy Bank SA
© Dukascopy Bank SA
U.S. stocks slightly advanced on Friday, sending higher the benchmark S&P 500 index. Performance gap of the shares listed in Standard's & Poor's 500 index is the biggest since January 2012. Companies, such as U.S. Steel Corp and J.C. Penney, are rallying at phone companies and utilities' expense. The S&P 500 gained 0.5% to 1466.47 on January 4. All but one sector in the gauge edged higher. The shares of Windstream Corporation jumped 5%, the most in the index, leading gains in telecommunications sector that was 0.6% up. Furthermore, stocks in financials group posted biggest gains, led my Federated Investors Inc. that added 4.8% and CME Group Inc. that increased 4.3%. Auto Nation Inc., the largest car retailer in the U.S., soared 4.1%, as report showed company's December sales were 15% up,  compared to year earlier, and fourth quarter's sales were 16% higher. Meanwhile, Apple losses paced a decline in technology sector that shrank 0.72%. Apple shares tumbled nearly 3%, or around 15$, on speculation that sales of consumer electronics lost 7% over the Christmas holidays. 


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Mon, 07 Jan 2013 17:04:05 GMT

Eurozone sentiment index accelerates for fifth consecutive month

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Mon, 07 Jan 2013 19:24:05 GMT

Hong Kong stocks trade near their 19-month high

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