Dow Jones soared on Friday on Eurozone's optimism

Note: This section contains information in English only.
Source: Dukascopy Bank SA

US blue chips surged on Friday, with all companies included in Dow Jones Industry Average posting gains. Positive US consumer confidence data and optimism over Eurozone lifted stock prices. Moreover, easing speculation after disappointing US GDP data for Q2 pushed equities higher. Dow Jones Industry Average skyrocketed 1.46%, being supported by health care and base materials sectors. Merck & Co surged 4.04% after the pharmaceutical firm announced better than expected results for Q2. Pfizer also followed bullish trend, rising 1.40%. Meanwhile, commodity producer, Alcoa, gained 3.37%. Oil and gas companies also climbed on higher oil prices. Exxon Mobil and Chevron advanced 1.07% and 0.86%.


 

Back to articles

Actual Topics

Mon, 30 Jul 2012 13:08:47 GMT

Japanese shares climbed on easing speculation

Japanese equities extended previous gains on Monday, with Nikkei 225 rising 0.80% to 8,635.44. Speculation that the ECB and the Fed will ease their monetary policies in view of deteriorating economic situation boosted Japan's stocks. However, an unexpected decline in June's industrial production and continuous appreciation of the Yen capped the upswing. Consumer goods producers, Takara Holdings and Kirin Holdings,

Mon, 30 Jul 2012 14:26:47 GMT

Spain's, Italy's bonds rally on stimulus pledge

On Monday, Spanish and Italian bond yields hit their two-week lows on promising pledges from ECB President, Germany's Chancellor and Italy's Prime Minister about preserving the Euro. Spanish 10-year bond yields dropped to 6.59%, the lowest level since July 12. Italian 10-year bond yields tumbled to 5.87%.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.