Dow Jones closes lower

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Source: Marketwatch

Dow Jones Industrial Average closed lower on Thursday compared to previous day's rally. Index remained steady ahead of US jobs report and after applications for unemployment allowances increased last week. Index declined 0.2% or 25.65 points reaching 12,020.03. 20 out of 30 its constituents dropped. Biggest gainers were Boeing Company and Bank of America which advanced 3.33% and 1.65% respectively. On the downside were Alcoa Inc. and J P Morgan Chase & Co slipping 2.10% and 1.65%.

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Fri, 02 Dec 2011 13:35:16 GMT

Unemployment in Canada rises

The unemployment rate increased unexpectedly in Canada in November, according to official data. The indicator rose to 7.4% in November on a seasonally adjusted basis from 7.3% in October while analysts predicted the rate stay unchanged, according to Statistics Canada.

Fri, 02 Dec 2011 14:19:02 GMT

S&P 500 experiences a modest decline

On Thursday S&P 500 Index was slightly down 0.2% or 2.37 points and closed at 1,244.59. On the upside were technology and resource stocks which were the best performers among 10 industries. Netflix added 4.09% while Cf Industries Holdings gained 5.14%. Yahoo! Inc joined successful performers within the index trading by 3.31% higher after Alibaba Group Holding announced it is planning make a bid. On the downside were financials with Citigroup

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