Dow Jones Industrial average modestly down on weaker jobs data

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Source: Dukascopy Bank
Dow Jones Industrial Average declined on Thursday as jobless claims dropped less than expected. The blue chip index lost 0.11% or 14.61 point and finished at 13,060.14 with telecommunications dropping most as AT&T fell 2%. On the upside index was supported by consumer service sector as Home Depot and American Express surged 1.5% and 1.3% respectively. On weekly basis Dow Jones index has given up 1.2%. US market are closed for Good Friday. 

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Fri, 06 Apr 2012 11:52:20 GMT

Brazil's Ibovespa index ended 0.3% higher

Brazil shares climbed on Thursday as the slowdown in consumer prices increased pressure for central bank to cut interest rate. Ibovespa index added 0.26% or 162.53 points and finished at 63,691.18 with six of nine sectors posting gains. Retailers provided the main upside support for the index with Lojas Americanas gaining 2.3% and Lojas Renner advancing 0.9%. Home builder MRV

Fri, 06 Apr 2012 10:02:10 GMT

S&P 500 faces the worst week in 2012

S&P 500 index prolonged losses on Thursday, experiencing the worst week in 2012. US benchmark shed 0.06% or 0.88 points and closed at 1,398.08. Bed Bath & Beyond rallied 9.2% after the retail-chain operator reported a better than expected 4th quarter profit. First Solar made the biggest drop falling 16% after JPMorgan Chase & Co cut its share price estimate

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