Dow Jones slightly up on Tuesday trade

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Source: Marketwatch

Dow Jones Industrial Average Index kept upward trend on Tuesday at closed slightly up at 12,150.13 adding 0.43% or 52.30 points. General Electric Co. advanced 2.4% after company was upgraded by Bernstein Research. Assessment was based on General Electric Co robust fundamentals and projected dividend increases. 3M Corp gained 1.5% after the manufacturer predicted 2012 earnings slightly above previously estimated figures. On the downside J P Morgan Chase & Co dropped 0.84% and Caterpillar gave up 0.92%.

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Wed, 07 Dec 2011 14:11:51 GMT

Industrial production in Germany increased

German industrial production exceeded the forecast after declining for two months in line, according to official data. The country's industrial production rose by 0.8% on a seasonally adjusted basis in October while the experts anticipated only 0.3% increase, said Germany's federal statistical office.

Wed, 07 Dec 2011 14:58:11 GMT

UK Manufacturing output drops in October

UK industrial output declined more than was previously predicted by economists as escalating European debt crisis hurt demand for UK's export goods. Factory output lost 0.7% compared to September which is the biggest drop since April, said Office for National Statistics today. On yearly basis, however, manufacturing output added 0.3%.             

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