U.S. stocks rise as Apple and China Mobile reach distribution deal

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Source: Reuters
U.S. shares closed higher on Monday with benchmark indexes Dow Jones and Standard & Poor's 500 reaching all-time records as the technology gauge was spurred by a distribution agreement between China Mobile and Apple Inc. The Dow Jones industrial average added 0.45% to 16,294.61, the S&P 500 Index gained 0.53% to 1,827.99 and the Nasdaq Composite index rose 1.08% to 4,148.903.

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Tue, 24 Dec 2013 10:07:03 GMT

France's consumer spending rises faster than forecast in November

Consumer spending in France increased in November rebounding strongly by the most in 21 months mainly due to a notable advanced in household goods expenditure rising 1.4% on a sequential basis, the statistical office Ine showed on a report on Tuesday. According to the report, the country's consumer spending gained 1.5% year-on-year in November compared to a 0.5% advanced preliminary

Tue, 24 Dec 2013 09:45:04 GMT

U.S. Dollar fluctuates in holiday-shortened session

The U.S. Dollar stayed flat on Tuesday losing from its recent gains after a government data revealed that spending in the world's largest economy rose spurring the U.S. Treasuries and bringing optimism on markets as the country's economy improves. The U.S. Dollar index added to 80.530 traded near its two-week peak at 80.827, while it surged 0.2% to 104.36 yen.

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