US shares extend losses in line with analysts predictions

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Source: Marketwatch
US stocks prolonged losses on Thursday in line with analyst expectations as investors kept holding a pause after sharp rally in first three months. S&P 500 index dropped 0.72% or 10.11 points and closed at 1,392.78, Dow Jones Industrial Average slipped 0.6% or 78.48 points to 13,046.14 and Nasdaq Composite fell 0.39% or 12 points and settled at 3,063.32.
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Fri, 23 Mar 2012 07:30:13 GMT

Gold futures declined in Asian session on stronger US Dollar

Gold prices decreased during the Asian session on Friday amid stronger US Dollar. The US Dollar index, which measures its performance against set of six main currencies, added 0.02% to USD79.97. COMEX gold April contract traded at 1643.25 US Dollars per troy ounce on the New York Mercantile Exchange, easing down by 0.05%.

Fri, 23 Mar 2012 08:38:37 GMT

European shares end lower on disappointing PMI data

European equities fell on Thursday, pressed by weaker PMI readings both from China and Euro Area, boosting concerns about further recovery of region. Stoxx Europe 600 gave up 1.2%, FTSE 100 index slipped 0.8% and German DAX lost 1.3%. French CAC 40 index tumbled 1.6% and Italian FTSE MIB index shed 1.7%.

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