S&P 500 index 1% up on positive expectations

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Source: Dukascopy Bank SA
S&P 500 index posted a strong gains on Friday as investors bet on a positive outcome in Greek elections and awaited further actions regarding stimulus from global central banks. S&P 500 index added 1.03% or 13.74 points and finished at 1,342.84, the highest value since May 11. Energy shares climbed most. Wpx Energy soared 5.9% and Chesapeake Energy rallied 4.4%. Apple slightly improved by 0.5% to USD 574.13 a shares. On weekly basis US benchmark has ascended 1%. 



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Mon, 18 Jun 2012 09:59:55 GMT

Dow Jones Industrial Average 0.9% up for the week

Dow Jones Industrial Average rallied on Friday on as investors continued to prize global central banks' pledge to support slowing economy. Blue chip index advanced 0.91% or 115.26 points and closed at 12,767.17. Microsoft rose added 2.3%, after reports that the firm is in talks to acquire Yammer, a developer of social networks within enterprises. Bank of America posted a

Mon, 18 Jun 2012 10:10:56 GMT

Crude oil rose after Greek elections

Crude oil prices increased in Asian session on Monday as pro-bailout party won elections in Greece, implying that the country is likely to stay within the Eurozone. Light, sweet crude oil futures for delivery in July traded at 85.80 US Dollars per barrel on the New York Mercantile Exchange, rising by 77 cents from the previous session's low.

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