Dow Jones Industrial Average recovers on Monday

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Source: Dukascopy Bank
Dow Jones Industrial Average index advanced on Monday as US retail sales in March surged by 0.8% instead of expected 0.4% gain. Blue chip index gained 0.56% or 71.82 points and closed at 12,921.41 with all sectors posting gains. Procter& Gamble jumped 1.5% after the firm raised its quarterly dividend. Caterpillar climbed 0.8% after heavy machinery equipment provider was upgraded from neutral to buy at Bank of America. The main decliner was Hewlett Packard which gave up 1%. 

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Tue, 17 Apr 2012 13:41:54 GMT

Hang Seng gives up 0.2% on Tuesday

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Tue, 17 Apr 2012 19:38:57 GMT

S&P 500 trades flat on Monday

S&P 500 index traded almost flat on Monday as gains from higher that expected retail sales in March were offset by Apple Inc which faced the biggest daily drop since October. US benchmark slipped 0.05% or 0.69 points to 1,369.57. Apple lost 4.2% on news mobile-phone carriers may decrease subsidies for the iPhone. Mattel plunged more than 9% after posting

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