U.S. stocks steady ahead of elections

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP

U.S. stock markets futures were little changed on Monday, November 5, as investors were cautious ahead of Tuesday's tightly fought U.S. election and Greece government is going to present a new austerity package to the parliament. The Dow Jones Industrial Average rose 0.07%, to 13,000; the Standard & Poor 500 Index fell 0.01%, to 1,405.30, while Nasdaq-100 futures added 0.04%, to 2,642.0.

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Mon, 05 Nov 2012 13:17:52 GMT

Unemployment in Spain rose to new high

On Monday, Spain's Labour Ministry reported that Spanish jobless claims rose last month, as the recession in the country continues. Spanish unemployment advanced by 128,242 people in October, which was a 2.7% gain, and reached a total level of 4.83 million. Economists, however, expected a more moderate growth of 90,300. The National Statistics Institute said that unemployment rate among people who

Mon, 05 Nov 2012 12:28:14 GMT

UK services industry shows the slowest growth pace in 2 years

The Markit/CIPS Purchasing Managers' index of the service sector underscored analysts' estimates and slumped to 50.6 in October compared to a reading of 52.2 in September. The index touched the lowest level since December 2010 staying close to the 50 line that determines growth from tension. The service providers repeatedly declined employment in October. Paring with shrinkage in manufacturing, the data strongly contrasts with the economic

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