Dow slips 0.2% on Monday

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Source: Dukascopy Bank
Dow Jones Industrial Average index traded edged lower on Monday as the victory of anti-bailout forces in Greece and socialist President in France weighed on investor sentiment. Blue chip index fell 0.23% or 27.74 points and closed at 13,008.53. Walt Disney jumped 2% after its movie The Avengers earned $80.5 million in its local debut on Friday. Bank of America led the gains for the Dow and added 2.8%. On the downside IT companies slipped with Hewlett Packard dropping 1.7% and Microsoft giving up 1.1%. 

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Tue, 08 May 2012 10:55:04 GMT

Hang Seng sheds 0.7% on Tuesday

Hong Kong's shares followed their Chinese peers on Tuesday and traded lower after  Sany Heavy Industry announced it may lower its sales estimate for 2012, fuelling worries a slowing real estate market will curb revenues in the construction industry. Hang Seng index dropped 0.25% or 51.90 points and closed at 20,484.75, marking loss for a sixth straight session. Aluminum Corp

Tue, 08 May 2012 08:54:04 GMT

S&P 500 ends almost flat on Monday

S&P 500 index traded nearly flat on Tuesday as investors attempted to incorporate into share prices the outcomes of French and Greek elections. US benchmark added 0.04% or 0.48 points and closed at 1,369.58. Cognizant Technology Solutions tumbled 19% as the IT services firm cut its estimate for the full year citing low demand. Frontier Communications lost 7% after telecommunications

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