S&P 500 down with news from Europe

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AP
After straight four day gain, S&P 500 experienced a sharp decline on Thursday, as Dow Jones presented details of preliminary proposal however US benchmark index plunged even further after Reuters reported that Germany opposed several measures in draft proposal. S&P 500 Index lost 2.11% or 26.66 points and closed at 1,234.35 led by financial companies. Hartford Financial Services Group Inc sank 8.2% when the insurer reported it will attempt to reduce extra costs arising from fail recovery. Morgan Stanley gave up 8.4% while Citigroup Inc. tumbled 7%.

Back to articles

Actual Topics

Fri, 09 Dec 2011 13:31:18 GMT

Iranian crude oil exports will not fall on probable sanctions

In case the US impose sanctions against Iranian oil, the level of oil exports of the country will not fall, the US and Europe hope, said Barclays Capital. The demand for crude oil is too strong to be significantly affected by such measures.  The sanctions will result only in oil supply disruptions while Iranian exports will go to Asian countries with constantly growing oil consumption,

Fri, 09 Dec 2011 13:28:10 GMT

Hang Seng falls sharply amid European summit

On Friday Hong Kong's Hang Seng Index lost 2.73% or 521.58 points and closed at 18,586.23 on news from European summit indicating that leaders did not manage to agree on tighter fiscal union. On the downside were Chinese banks listed in Hong Kong that pushed heavily on the index. Bank of Communications Co. traded down 3.8%, while Agricultural Bank of China Ltd. and HSBC Holdings

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.