US shares modestly decline on weaker global labour market

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Source: Marketwatch
US stock markets finished lower on Wednesday pushed down by disappointing US hiring data amid all time high unemployment rate in Euro Zone. S&P 500 index fell 0.25% or 3.51 points and closed at 1,402.31. Dow Jones Industrial Average shed 0.08% or 10.75 points and finished at 13,268.57. Nasdaq Composite, however managed to gain 0.31% or 9.41 points and settled at 3,059.85.


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Thu, 03 May 2012 09:27:56 GMT

Australia's S&P ASX 200 down on global worries

Australian shares faced a choppy session on Thursday, following their European and US peers as weak jobs data from both regions weighed on investor sentiment. Australia's benchmark S&P ASX 200 fell 0.16% or 6.90 points and closed at 4,429.00. Weaker commodity prices put negative pressure on miners. Rio Tinto fell 1.1% and Fortescue Metals Group shed 0.9%. On the upside

Thu, 03 May 2012 08:28:51 GMT

China's housing prices dropped by 0.7% in April

Average property prices in 100 largest China's cities decreased by 0.71% yer-to-year in April, indicating the first annual fall since June 2011. Considering monthly moves, auto sales tumbled by 0.34%, signaling the eighth decline in a row, reported the China Real Estate Index System. The data indicated further slowdown in China's property market amid continuous restrictive measures of the government.

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