S&P 500 index climbs led by financial stocks

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Source: Dukascopy Bank
S&P 500 index finished higher on Thursday, supported by financials on news Greek plan to restructure its debt should not affect any bond insurance payments yet. US index gained 0.62% or 8.41 points and closed at 1,374.09. Goldman Sachs rallied 5.2% after lender agreed to buy Ariel Holdings Ltd insurance business. Morgan Stanley gained 3.5% and Citigroup Inc added 2.4%. Gap jumped 7.2%. The clothing trader reported its key sales figure added 4% in February, lifted by accelerating demand for spring clothing. Apple Inc extended gains for a sixth straight session and climbed 0.4%. 

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Fri, 02 Mar 2012 12:19:06 GMT

Dow Jones Industrial Average Index

Dow Jones Industrial Average index traded higher on Thursday lifted by positive US jobs data. Nevertheless gains were limited as spending and income rose at slower pace than expected and ISM manufacturing index declined. Blue chip index added 0.22% or 28.23 points and settled at 12,980.30 with financial sector posting a total gain of 1.5%. JPMorgan Chase and Bank of

Fri, 02 Mar 2012 11:01:16 GMT

Asian shares advance led by financials

Asian stock markets rallied on Friday, driven by banks as investors digested positive macroeconomic data from US. Hong Kong's Hang Seng Index added 0.8%,  Shanghai Composite Index jumped 1.4% and Japan's Nikkei Stock Average climbed 0.7%. South Korea's Kospi improved by 0.2% and Australia's S&P/ASX 200 index gained 0.4%. 

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