US stocks finish down on Europe concerns

Note: This section contains information in English only.
Source: Marketwatch

US stocks ended lower on Monday as ECB and European FMs did not manage to provide plausible details how to curb debt crisis. Moreover Draghi, ECB president, denied bank's possible intervention in bond purchases. S&P 500 index tumbled 1.2% or 14.31 points to 1,205.35, Dow Jones Industrial Average finished 0.8% or 100.13 points down at 11,766.26, while Nasdaq Composite Index declined 1.3% or 32.19 points reaching 2,523.14.

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Tue, 20 Dec 2011 08:20:28 GMT

US Dollar index flat on Asian trade

The US Dollar index traded almost flat on Tuesday Asian session giving up 0.09% or declining from 80.374 to 80.350. Dollar index which estimates the US Dollar against a bundle of 6 main counterparts strengthened on Monday as investors refocused their attention on European debt woe. Euro climbed against US Dollar from $1.2997 to $1.3002.

Tue, 20 Dec 2011 08:18:53 GMT

Asian shares erase some of yesterday's losses

Asian markets recovered on Tuesday from North Korean news and partly erased previous session's losses. South Korea's Kospi added 0.7% while Hong Kong's Hang Seng Index climbed 0.6%. Japan's Nikkei Stock Average traded up 0.7%, China's Shanghai Composite advanced 0.1% and Australia's S&P/ASX 200 index jumped 0.2%. The recent drop was more sentiment driven, suggest analysts.

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