S&P 500 index rallies

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Source: Dukascopy Bank
S&P 500 index rallied on Wednesday as investors incorporated into prices the late Tuesday's news from Apple Inc whose profit surged 94% in the first quarter. US benchmark index jumped 1.36% or 18.72 points to 1,390.69. Apple rocketed 8.9% to USD 610 a share. The firm sold 35 million iPhone in the first three months of 2012. Lorillard dropped 4% after the cigarette manufacturer posted a 10% fall in revenue for the 1st quarter. Harley-Davidson surged 6.2% as company's sales rallied 26% in the first quarter. 

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Thu, 26 Apr 2012 10:20:32 GMT

Dow Jones Industrial Average lifted by Boeing results

Dow Jones Industrial Average index extended gains on Wednesday supported by Boeing earnings report. Blue chip index advanced 0.7% or 89.16 points and closed at 13,090.72. Boeing jumped 5%, posting the biggest daily gain for the Dow. Its first-quarter profit rallied 58% as local and overseas Airlines are replacing their aircrafts with more fuel-efficient planes. On the downside Caterpillar the

Thu, 26 Apr 2012 09:58:32 GMT

Gold keeps climbing on Fed stimulus

Gold appreciated for a third consecutive day as Fed's chairman Bernake announced he is ready to add more stimulus via bond purchases if economy will slow. Spot gold advanced 0.3% to USD 1,648.65 an ounce. Gold to be delivered in June added 0.4% to USD 1.648.40 an ounce. U.S. Dollar slightly depreciated. 

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