US stocks rose as auto sales increase

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Source: CNN
The US stocks increased as the sales of automobiles went up. The Dow Jones Industrial Average added 0.6%, whereas S&P 500 and Nasdaq both rose by 0.6% and 0.8%. However, a fall in the IMS manufacturing activity  index to 49.7 on Monday, July 2, increased risk-aversion among investors thus limiting gains of the US stocks.
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Wed, 04 Jul 2012 09:27:36 GMT

Nikkei 225 prolongs gains on easing hopes

Japanese shares traded higher for the second straight session lifted by hopes ECB and PBOC will intervene to support growth. Nikkei 225 index climbed 0.41% or 37.58 points and finished at 9,104. Inpex Corp, Japan's biggest energy provider, surged 2.9% after oil reached a one-month high amid renewed tensions in Iran. On the downside JFE Holdings the country's second-largest steelmaker,

Wed, 04 Jul 2012 12:16:37 GMT

Manchester United registers for an IPO

UK soccer club Manchester United Ltd. has announced its plans for an initial public offering, seeking for $100m in new investments. Documents presented together with the Securities and Exchange Commission said that that the club was to enter the New York Stock Exchange after refusing a $1bn flotation on the Singapore stock market last year. Man United documented a profit

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