U.S. stocks rise as Nasdaq records 6th straight gain

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Source: Reuters
Wall Street shares inched higher on Thursday trading session with the benchmark index Nasdaq Composite increasing for the sixth successive day as investors weighed prospects of disappointing consumer spending data versus weather forecast. The S&P 500 Index gained 0.58% to 1,829.83, the Dow Jones industrial average added 0.40% to 16,027.59 and the Nasdaq surged 0.94% to 4,240.67.

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Fri, 14 Feb 2014 08:41:44 GMT

Asia's stocks gain set to record weekly gain

The majority of Asian shares increased on Friday trading session after a government report showed unfavourable data from the U.S. pushing the nation's currency towards the lowest level in three weeks versus the Euro. The MSCI broadest Asia-Pacific gauge outside Japan gained as much as 0.7% and was set to record its largest weekly advanced since September.

Fri, 14 Feb 2014 08:37:59 GMT

U.S. business inventories gain in December

Business inventories in the world's largest economy increased slightly more than economists initially expected in December, a report released by the Commerce Department showed on Thursday. According to the report, the U.S. business inventories advanced 0.5% in the last month of 2013 after gaining 0.4% in November.

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