S&P 500 added 0.4% on Tuesday

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Source: Dukascopy Bank
S&P 500 index advanced on Tuesday supported by earnings and improved investor sentiment over Europe. US index added 0.37% or 5.03 points, and finished at 1,371.97. Hershey Foods and Regions Financing rallied 6% and 5.9% as both companies outperformed Wall Street's expectations. Big Lots tumbled 24% after retailer cut its fiscal first quarter sales outlook citing weaker demand for electronics. Apple fell 2% after AT&T revealed it activated fewer Apple's iPhones. 

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Wed, 25 Apr 2012 09:15:30 GMT

Dow Jones main index gains 0.6% on better earnings

Dow Jones Industrial Average index appreciated on Tuesday as US consumer confidence data matched analyst estimates and new home sales improved. Blue chip index climbed 0.58% or 74.39 points to 13,001.56. AT&T rallied 3.6% and 3M gained 1.5% as their earnings beat predictions. Wal-Mart Stores shed 3% on news the company is investigating assertions that management in Mexico gave around

Wed, 25 Apr 2012 07:58:29 GMT

Aussie depreciates on interest rate projections

New Zealand and Australian Dollars weakened versus most of their counterparts after slower CPI in Australia fuelled speculation, the Reserve Bank of Australia will cut interest rates. Aussie fell 0.7% against greenback to USD 1.0247 while Kiwi traded flat at USD 0.8132 after falling 0.5%. Currently AUD/USD is trading at USD 1.0318 and NZD/USD is trading at USD 0.8111.    

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