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

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Source: Dukascopy Bank
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 to disrupt its decline. Cisco Systems advanced 1.1% after posting net profit and revenue that beat Wall Street estimates.   









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Thu, 09 Feb 2012 10:50:53 GMT

Dow Jones Industrial Average index trades flat amid Greek uncertainty

Dow Jones Industrial Average Index traded close to flat on Wednesday, supported on the positive side by Bank of America which surged 3.6% and technology stocks. Blue chip index advanced 0.04% or 5.75 points and closed at 12,883.95. United Technologies and Hewlett Packard each gained 1.8% while Cisco Systems added 1.4% on its earnings report. Walt Disney Co climbed only

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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