Europe shares decline on Wednesday as Greeks linger with austerity measures

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Source: Dukascopy
Most European equity markets finished lower on Wednesday as Greece continued to struggle with international creditors about nation's debt swap agreement. Stoxx Europe 600 index and UK FTSE 100 index each edged down 0.2% at 263.01, and 5,875.93 respectively. DAX 30 index and French CAC 40 each fell 0.1% at 6,748.76 and 3,410.00 respectively. 

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Thu, 09 Feb 2012 10:50:25 GMT

S&P 500 up on Ralph Lauren's earnings report

S&P 500 index managed to end higher on Wednesday despite stalled Greek talks. S&P main index climbed  0.22% or 2.91 points and closed at 1,349.96. Clothes producer Ralph Lauren jumped 9% on report its earnings and net income rose in 4th quarter. Hartford Financial Services Group added 7.6% after investor John Paulson claimed the insurer needs to implement drastic measures

Thu, 09 Feb 2012 09:40:06 GMT

US stocks end higher on Wednesday

US stocks markets closed with a modest gains on Wednesday on investor hopes Greece would finally accept conditions required from international creditors. S&P 500 index edged up 0.22% or 2.91 points at 1,349.96, Dow Jones Industrial Average index advanced 0.04% or 5.75 points and closed at 12,883.95 while Nasdaq Composite added 0.41% or 11.78 points, reaching 2,915.86.

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