S&P 500 drops on China, consumer confidence

Note: This section contains information in English only.
Source: Dukascopy Bank
S&P 500 index faced its worst week in 2012 as several disappointing macro indicators including US consumer confidence and Chinese GDP growth harmed investor sentiment. US index fell 1.25% or 17.31 points and finished at 1,370.26 on Friday, posting a 2% weekly drop. Financial sector provided the heaviest downside contribution giving up overall 2.3%. Apple Inc. tumbled 2.8% on news the German court ruled against it in a patent conflict with Motorola regarding mobile e-mail technology. Google shed 4% after the firm announced it plans to issue new non-voting stock. 

Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.