U.S. shares advance on upbeat data from manufacturing

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Source: Reuters
Wall Street closed higher on Monday after recording the worst week in more than three months after an industry report showed an improvement in manufacturing suggesting that the Federal Reserve may curb its bond purchases on this week's policy meeting. The Dow Jones industrial average added 0.82% to 15,884.57, the S&P 500 Index gained 0.63% to 1,786.54 and the Nasdaq Composite Index jumped 0.71% to 4,029.518.

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Tue, 17 Dec 2013 08:18:04 GMT

Euro gains on upbeat manufacturing data

The Eurozone's currency traded higher on Tuesday rising against the U.S. Dollar and stayed near the strongest level in a month versus the British Sterling after an industry report showed that manufacturing activity in the 17-nation bloc accelerated. The Euro climbed to $1.3762, close to a two-year peak reached last week at $1.3811, while it fluctuated at 0.8443 pence per

Tue, 17 Dec 2013 07:56:03 GMT

Asia's equities rise on strong U.S. and Eurozone data

The majority of Asian stocks advanced on Tuesday trading session after a government report showed that manufacturing production in the world's largest economy accelerated suggesting a possible stimulus scale back and as business activity in the 17-nation bloc expanded last month. The MSCI Asia-Pacific gauge outside Japan gained 0.4% following a drop to the weakest level in three months.

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