Dow Jones Industrial Average index manages to end Thursday session higher

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Source: Dukascopy Bank
Dow Jones Industrial Average index managed to break downward trend in US markets and finished into positive territory on Thursday adding  0.15% or 19.61 points to 13,145.82. Growth dependent shares climbed ahead of consumer confidence data due Friday. Alcoa Inc surged 2% and Caterpillar advanced 1.7%. Gains were partly offset by loss from financial shares as Bank of America fell 2.3% and JP Morgan Chase shed 1.3%.

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Fri, 30 Mar 2012 14:02:54 GMT

Rural commodities declined on Thursday as weather conditions improved

Rural commodities apart from sugar declined on Thursday on the firmer US Dollar and uncertainty over China's demand. Grains came under pressure after Brazil reported it plans to boost wheat and corn production. Indian announcement that wheat output is likely to exceed the latest estimate of record-high crops pushed down wheat's price. Sugar also is expected to face ample global

Mon, 02 Apr 2012 09:10:13 GMT

Bernanke: Fed to 'remain cautious'

Ben Bernanke, chairman of Fed, hinted that the central bank of the US is likely to continue its economy-stimulating measures, citing overall weakness of the US job market despite increased hiring in the last three months. He also claimed that Fed has to 'remain cautious', which was interpreted by many analysts as a sign of maintaining record low interest rates

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