S&P 500 rallies as European leaders prepare a plan

Note: This section contains information in English only.
Source: Dukascopy
© Scanpix/AFP
On Monday S&P 500 Index jumped 2.92% or 33.88 points and closed at 1,192.55. All 10 index's industries rose, led by natural resource and energy companies. The index experienced the best trading since October 27. United States Steel Corp. gained 8.49%, while Alpha Natural Resources advanced 7.87%. Financial stocks also contributed positively to index as Genworth Financial Inc. added almost 13%, after Citigroup Inc. raised insurer's rating. Stocks of Citigroup Inc. climbed 6% despite court's decision to reject $285 m settlement. Nevertheless, analysts warn that poor Italian bond auction can take index down in few trading sessions.

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