S&P 500 index 0.2% down on Thursday

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Source: Dukascopy Bank
S&P 500 index modestly declined on Thursday as jobless claims fell less than previously expected. US leading index slipped 0.16% or 2.26 points and closed at 1,403.28. Red Hat jumped 20% after company's profit and sales outperformed predictions. Consumer-electronics retailer Best Buy tumbled 7% as the firm said it plans to close 50 shops due to weaker sales. Health maintenance companies climbed on speculation about possible decision of Supreme Court. Aetna added 6.5% and Coventry Health rallied 5.9%. 

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Fri, 30 Mar 2012 12:16:46 GMT

Dow Jones Industrial Average index manages to end Thursday session higher

Dow Jones Industrial Average index managed to break downward trend in US markets and finished into positive territory on Thursday adding  0.15% or 19.61 points to 13,145.82. Growth dependent shares climbed ahead of consumer confidence data due Friday. Alcoa Inc surged 2% and Caterpillar advanced 1.7%. Gains were partly offset by loss from financial shares as Bank of America fell

Mon, 02 Apr 2012 09:10:13 GMT

Bernanke: Fed to 'remain cautious'

Ben Bernanke, chairman of Fed, hinted that the central bank of the US is likely to continue its economy-stimulating measures, citing overall weakness of the US job market despite increased hiring in the last three months. He also claimed that Fed has to 'remain cautious', which was interpreted by many analysts as a sign of maintaining record low interest rates

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