European shares pressed down amid fears about Italy and Spain

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Source: Marketwatch
European markets closed down on Tuesday as banks pushed major stock indices lower amid surging Italian and Spanish borrowing costs. Stoxx Europe 600 index fell 1.1%, German DAX lost 1% and UK FTSE index shed 0.6%. French CAC 40 index fell 1.6%, Spanish IBEX 35 gave up 2.7% and Italian FTSE MIB index tumbled 2%. 
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Wed, 04 Apr 2012 06:49:45 GMT

US shares finish with modest losses as on Fed minutes

US stock markets headed South on Tuesday after Federal Reserve minutes indicated reduced need for additional monetary stimulus. S&P 500 index fell 0.4% or 5.66 points to 1,413.38, Dow Jones Industrial Average slipped 0.49% or 64.94 points and closed 13,199.55 and Nasdaq Composite lost 0.2% or 6.13 points to 3,113.57.

Wed, 04 Apr 2012 06:22:22 GMT

UK construction PMI climbed in March

The gauge measuring British construction activity through a number of new orders unexpectedly surged in March, stimulating hopes UK has avoided recession. Construction PMI soared from 54.3 in February to 56.7 in previous month, the sharpest growth in almost two years. Analysts had predicted the reading to decline to 53.6. 

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