Dow Jones Industrial Average Index lifted by the Bank of America

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Source: Dukascopy Bank
Dow Jones Industrial Average Index climbed on Thursday, as Bank of America posted it returned to a profit in the last quarter of 2011 and jobless claims fell to almost four-year record low. Blue chip index climbed 0.36% or 45.03 points and closed at 12,623.98 with 20 of 30 stocks posting gains. Bank of America jumped 2.4%, and J P Morgan Chase & Co reported significantly less losses than was previously predicted. Three of the index's tech firms issued quarterly results. Afterwards IMB dropped 0.3%, Microsoft Corp fell 0.39%, while Intel Corp. added 0.95%.

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Fri, 20 Jan 2012 11:07:12 GMT

Hang Seng climbs as investor sentiment improves

Hong Kong's Hang Seng Index extended gains on Friday supported by investor optimism about European economic outlook and rally on Wall Street. Hang Seng Index added 0.84% or 167.42 points and settled at 20,110.37 lifted by exporters and banks. Esprit Holdings Ltd jumped 2.9%, while HSBC Holdings PLC soared 3.2% and Bank of East Asia gained 2.65%. On the downside

Fri, 20 Jan 2012 10:07:44 GMT

S&P 500 Index jumps on earnings reports

S&P 500 Index surged on Thursday, lifted by earnings reports and fewer than expected unemployment claims. S&P benchmark index gained 0.49% or 6.46 points and finished at 1,314.5 with eight out of ten sectors reporting gains. F5 Networks Inc. rallied 11%, after the manufacturer of Internet networking equipment reported an increase in earnings and a optimistic profit outlook. Sears Holding

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