US shares trade mixed after preceding rally

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Source: Marketwatch
US stock markets showed mixed performance on Wednesday with blue chip shares surging while those on S&P 500 slightly retreated. Dow Jones Industrial Average index climbed 0.13% or 16.42 points and closed at 13,194.10 and Nasdaq Composite index added 0.03% or 0.85 points to 3,040.73. In contrast S&P 500 index slipped 0.12% or 1.67 points and closed at 1,394.28.
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Thu, 15 Mar 2012 07:29:30 GMT

Gold rebounds after Fed meeting's impact

Gold futures increased during the Asian trade in Thursday as traders' sentiment improved after being dampened by the Fed meeting that did not indicate any signs of further monetary easing. COMEX gold futures for delivery in April traded at 1,644.45 US Dollars per troy ounce on the New York Mercantile Exchange, easing up by 0.09%.

Thu, 15 Mar 2012 08:02:38 GMT

Norway's central bank lowers key interest rate

Norwegian central bank decided to lower its key interest rate for a second straight meeting as krone's appreciation was perceived as more significant risk than the threats of housing bubble. Overnight deposit rate was cut by 0.25 percentage point to 1.5% following a 0.5 percentage point chop in December. Krone plunged 1.4% versus Euro to NOK 7.5592 and lost 1.6% against

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