Dow Jones climbs ahead of European FMs meeting

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Source: Dukascopy
© Scanpix/AFP

The Dow Jones Industrial Average index followed its major peers and increased sharply gaining 2.6% or 291.23 ending Monday trade session at 11,523.01. All 30 of Dow Jones constituents contributed positively to index led by aluminium producer Alcoa Inc. and Caterpillar each adding 5.7% and 5.49% respectively. Shares of Hewlett-Packard Company and Chevron Corp. also rebounded correspondingly by 4.49% and 3.77%. Dow Jones Index had the best trading day since October 27.

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Tue, 29 Nov 2011 14:27:40 GMT

Nasdaq Composite Index: best gain since August

On Monday trading session Nasdaq Composite Index closed at 2,527.34, 85.83 or 3.5% up. Index experienced the biggest percentage advance since August 23 as most of its stocks surged. First Solar and Amazon.Com were among the main gainers each gaining 10.52% and 6.44% respectively. First Solar recently announced that it will become the main supplier of German solar hybrid company. 

Tue, 29 Nov 2011 12:36:36 GMT

S&P 500 rallies as European leaders prepare a plan

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

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