U.S. stocks gain amid last-minute deal over debt limit

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Source: Reuters
U.S. shares increased with the S&P 500 index trading near its all-time high amid improved confidence of investors as President Barack Obama signed a last-minute deal avoiding country's default this week, however losses of IBM and Goldman Sachs pushed Dow lower. The Dow Jones industrial average slipped 0.03% to 15,369.85, the S&P 500 Index added 0.66% to 1,732.90 and the Nasdaq gained 0.62% to 3,863.15.

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Fri, 18 Oct 2013 09:24:06 GMT

Treasuries record first weekly gain in month amid U.S. deal

U.S. Treasuries increased on Friday heading for the first advance in a week this month amid speculation that the country's economic activity may be curbed by the partial government shutdown ended this week allowing the Fed to keep its stimulus into 2014. The Benchmark 10-year bonds yielded at 2.59% as of 6:45 a.m. London time.

Fri, 18 Oct 2013 09:02:06 GMT

BOJ Governor Kuroda maintains 2% inflation target

The Governor of the Japanese central bank Haruhiko Kuroda claimed on Friday that the Bank of Japan's monetary stimulus program has positive impact on the overall economy emerging economic activity reflecting in moderate gains in consumer prices. The BOJ's policy is to maintain its stimulus focused on a 2% inflation target necessary for stable economic environment, he added.

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