S&P 500 ends 0.8% higher on PMI data

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Source: Dukascopy Bank
S&P 500 index advanced on Monday as data showed US manufacturing activity expanded in March. US benchmark index gained 0.75% or 10.57 points and closed at 1,419.04. Avon Products rallied 17% on news Coty Inc. considers acquiring the door-to-door cosmetics provider. Apple Inc. jumped 3.2% after its new iPad received the best tablet computer title from Consumer Reports. Hartford Financial Services Group added 4.1% after insurer said it will purchase back debt and warrants from Allianz SE.  

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Tue, 03 Apr 2012 11:01:41 GMT

Dow Jones index 0.4% up on Monday

Dow Jones Industrial Average index surged on Monday lifted by US manufacturing data and reached the highest value since December 2007. Blue chip index added 0.4% or 52.45 points and closed at 13,264.49 with all nine sectors posting gains. On the upside Alcoa and Bank of America advanced 1.5% and 1.2% respectively. The main decliner within the index was retailer

Tue, 03 Apr 2012 16:40:09 GMT

Australia's retail sales missed expectations in March

Australia's retail sales improved less than initially expected in March, according to Australian Bureau of Statistics. Australian retail sales increased by 0.2% on a seasonally adjusted basis as compared to a 0.3% gain in February.  Experts had predicted the retail sales to advance by 0.3% in March.

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