European equities end mostly lower on downgrades and surging Spanish yields

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Source: Marketwatch
European stocks finished the week with an average gain of 1%, though Friday trade was mostly negative. Stoxx Europe 600 dropped 0.7%, French CAC declined 0.8% and UK FTSE 100 closed 1.0% down. German DAX tumbled 1.3% but Spanish IBEX 35 rallied 1.5% after auditors said Spain would need smaller rescue package than earlier estimated. 
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Mon, 25 Jun 2012 08:34:50 GMT

Dow Jones main index added 0.5% on Friday

Dow Jones Industrial Average closed into green area on Friday lifted by ECB announcement it will take further decisive actions to relieve tension in banking sector. Blue chip index climbed 0.53% or 67.21 points and finished at 12,640.78. 28 out of 30 shares posted gains within the index. Despite improvement on Friday Dow has dropped 1% on the weekly basis.

Mon, 25 Jun 2012 07:31:26 GMT

US stocks climb on ECB promises

US shares closed higher on Friday lifted by ECB announcement it will take further actions to relieve tension in banking sector. S&P 500 index gained 0.72% or 9.51 points and finished at 1,335.02. Dow Jones Industrial Average climbed 0.53% or 67.21 points and finished at 12,640.78. Nasdaq Composite added 1.17% or 33.33 points and settled at 2,892.42.

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