S&P 500 climbs 0.9% on Wednesday

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Source: Dukascopy Bank
S&P 500 Index rose on Wednesday, supported by expansion in US, Chinese and European manufacturing amid progress in Greek debt talks. The index added 0.89% or 11.68 points and closed at 1,324.09 with all 10 sectors posting gains. Whirlpool jumped 13.5% after reporting better than predicted quarterly profit and claiming it expects shipments to North America increase by 3% this year. Amazon.com lost 7.7% after its quarterly net revenue declined and income grew at slower pace than Wall Street had expected.










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Thu, 02 Feb 2012 14:30:58 GMT

Dow Jones index surges lifted by financials

Dow Jones Industrial Average Index surged on the first February trading session, lifted by worldwide optimism about manufacturing and US employment market. The blue chip index advanced 0.66% or 83.55 points and finished at 12,716.46, supported by industrial and financial shares. Bank of America lead the gains, climbing 3.2%, followed by Hewlett Packard, adding 2.8%. On the downside McDonalds posted

Thu, 02 Feb 2012 14:07:00 GMT

Building approvals declined in Australia

Building approvals in Australia tumbled in December, reported the Australian Bureau of Statistics. The building approvals declined by 1% on a seasonally adjusted basis in December while experts predicted a 2.1% rise. Considering yearly changes, the building approvals shrank by 24.4% in December.

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