S&P 500 modestly down on new hirings report

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Source: Dukascopy Bank
S&P 500 index declined on Wednesday as jobs report showed US companies added less jobs than expected. US benchmark index fell 0.25% or 3.51 points and closed at 1,402.31. TripAdvisor rallied 17% after company reported profit for the 1st quarter and sales that beat analysts' predictions. Chesapeake fell 15%, a record drop since 2008. The firm lowered its yearly operating cash flow estimates for years 2012 and 2013 by around 48%, and raised the amount of assets it prepares to sell.  

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Thu, 03 May 2012 06:45:50 GMT

Australian services sector faced a record slump in April

Australian service sector contracted at the fastest pace in the last three years in April, being driven by essential slump in sales and new orders. The PSI in Australia tumbled by 7.4 points, attaining 39.6 in April. None of the sub-sectors faced expansion in April while the most severe decrease was posted by finance and insurance, healthcare and recreation sectors.

Thu, 03 May 2012 06:34:51 GMT

Gold fell despite hopes for easing measures in the EU

Gold slumped in the Asian morning trade on Thursday, adding to the previous losses in the US and European sessions. The yellow metal came under pressure because of weak fundamentals and even speculation about monetary easing in the EU failed to support the metal. COMEX gold June contract traded at 1,652.65 US Dollars per troy ounce on the New York

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