S&P 500 index dropped on weak PMI figures

Note: This section contains information in English only.
Source: Dukascopy Bank SA
US stocks ended Thursday's session slightly lower on dismal manufacturing data from China and Europe. Smaller-than-expected drop in US jobless claims last week also created pressure on the US stock index. However, a jump in Philly Fed manufacturing index limited losses of the US equities. The S&P 500 Index eased down by 0.05% to close at 1,460.26. Six out of ten sectors within the index climbed. The top-performers were oil and gas firms and health care companies. Oil and gas sector was boosted by recovery in crude oil prices. Shares of Denbury Resources, Diamond Offshore Drilling and Devon Energy Corp rose 3.71%, 0.64% and 0.02%, respectively. Becton International and Boston Scientific Corp. inched up 0.04% and 0.52%. On the upside was also Conagra Foods, adding 6.20% on higher profits amid lower food costs and strong gains from hedge on commodity prices. On the downside were industrials on weak manufacturing PMI releases across the globe. Ford Motor and General Dynamics Corp. slumped 1.42% and 0.35%.

 

Back to articles

Actual Topics

Fri, 21 Sep 2012 13:11:27 GMT

Britain's deficit widened to a record-high

Office for National Statistics reported on Friday that the net borrowing of public sector increased to 14.41 billion Pounds in August, compared to the reading of 14.37 billion Pounds in the preceding month. The figure is the highest since 1993, when the records began, but lower than the analysts' forecast of 15 billion British Pounds.

Fri, 21 Sep 2012 13:00:14 GMT

10-year Bunds fall on Spain speculation

German 10-year Bunds slid, trimming almost a month-high weekly gain, amid a report saying EU policy makers are announce a financial bailout plan for Spain next week. The 10-year yield's surged three basis points to 1.61%, after falling 10 basis points this week, the strongest drop since Aug.24. The 1.5% note maturing in September 2022 lost 0.27 to 99.055.

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.