S&P 500 index up 0.1%, Ebay rallies

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Source: Dukascopy Bank SA
S&P 500 index traded slightly higher on Monday, posting gains for a third straight day as optimism over Greek austerity supporting coalition offset the worries about surging Spanish yields. US benchmark added 0.14% or 1.94 points and closed at 1,344.78. The world's biggest online trader EBay Inc. rallied 4.5% after the company was upgraded to outperform in new coverage at Keefe, Bruyette & Woods. Apple Inc shares added 2% to USD 585.78.

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Tue, 19 Jun 2012 11:06:58 GMT

Dow Jones Industrial Average down 0.2% on Monday

Dow Jones Industrial Average edged modestly lower on Monday driven as blue chip stocks diminished. Dow main index slipped 0.20% or 25.35 points and finished at 12,741.82. 11 stocks of 30 posted gains for the session. Bank of America gave up 1.8% as Spanish 10-year borrowing costs hit Eurozone record high of 7.13%. Retail shares supported the index on the

Tue, 19 Jun 2012 10:44:57 GMT

The Australian dollar holds steady versus the U.S. Dollar as investors focus on Spain

On Tuesday, the Australian Dollar held steady versus the Greenback, as traders were focused on soaring borrowing costs for Spain ahead of the sale of its government debt later this day. AUD/USD reached a session low at 1.0105 in the late Asian trading hours, and later the pair consolidated at 1.0124, which was a slight 0.02% decrease for that trading session.

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