US shares drop on disappointing macro-data

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Source: Marketwatch
US stocks traded lower on Thursday as data showed jobless claims fell several times less than predicted, while manufacturing activity in Philadelphia slowed and existing home sales declined. S&P 500 index lost 0.59% or 8.22 points and finished at 1,376.92, Dow Jones Industrial Average index shed 0.53% or 68.65 points to 12,964.10. Nasdaq Composite gave up 0.79% or 23.89 points and closed at 3,007.56. 
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Fri, 20 Apr 2012 09:04:17 GMT

Loonie weakens on US jobs data

Canadian currency fell against its US counterpart for a second straight day as the number of unemployment claims declined less than expected, harming willingness to purchase assets linked to growth. Canada's Dollar depreciated 0.5% versus greenback to CAD 0.9957 on Thursday. Currently USD/CAD is trading at 0.9945. 

Fri, 20 Apr 2012 07:47:17 GMT

European shares fall on Spanish yields and US data

European markets traded in negative area on Thursday on speculation France might be downgraded by Fitch (later denied). Despite successful bill auction, Spanish borrowing costs climbed adding pressure on stocks. Further decline was fuelled by several weaker macroeconomic data from US. Stoxx Europe 600 dropped 0.5%, French CAC slipped 2.1% and German DAX declined 0.9%. In contrast FTSE 100 traded flat.

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