US shares end week lower

Note: This section contains information in English only.
Source: Marketwatch
US stock markets traded mixed on Thursday but closed down for the week. S&P 500 index shed 0.06% or 0.88 points to 1,398.08, Dow Jones Industrial Average lost 0.11% or 14.61 point and finished at 13,060.14. Nasdaq Composite breached the down-trend and climbed 0.4% or 12.41 points to 3,080.50.

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Fri, 06 Apr 2012 08:19:38 GMT

US consumer confidence keeps climbing

Consumer confidence in US improved last week reaching four year record high as unemployment claims fell. The Bloomberg index measuring consumer sentiment advanced from minus 34.7 previous week to minus 31.4 for the period ended April 1, Labor department said on Thursday. Latest reading is the highest since March 2008.

Fri, 06 Apr 2012 07:15:22 GMT

BoE holds key interest rate at 0.5%

The Bank of England decided to keep its benchmark lending rate unchanged at 0.5% despite an unexpected decline in manufacturing output in February.Total asset purchases stayed at GBP 325 billion. The Pound traded lower versus US Dollar on the BoE decision. Most analysts suggest BoE will not implement a further easing in 2012.

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