S&P 500 lower after jobs data

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Source: Dukascopy Bank
S&P 500 index extended losses on Thursday as weaker than expected macroeconomic data including jobless claims and existing home sales erased gains from better earnings reports. US index lost 0.59% or 8.22 points and finished at 1,376.92. Ebay rallied 13% after its profits and sales results beat analyst predictions. On the downside Apple Inc fell 3.4% after Verizon Communications said it activated less iPhones in the 1st quarter. Rockwell Collins slipped 4.8% after lowering its sales forecast for 2012.

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Fri, 20 Apr 2012 10:14:16 GMT

Dow Jones Industrial Average index

Dow Jones Industrial Average index declined on Thursday amid weaker Philadelphia manufacturing index and persisting concerns about Spain. Blue chip index shed 0.53% or 68.65 points and closed at 12,964.10 with 27 of 30 companies posting losses. On the upside The Travelers surged 3.8% after a strong earnings report. Alcoa and DuPont Co. each dropped 1.2%, as traders sold stocks

Fri, 20 Apr 2012 09:19:16 GMT

Asian shares close the week down

Asian markets traded mixed on Friday as losses from disappointing US data were partly offset with signals of monetary easing. Japanese Nikkei 225 index dropped 0.3%, South Korea's Kospi sank 1.3% while Australian S&P/ASX 200 added 0.1%. Hong Kong's Hang Seng index gained 0.1% and Shanghai Composite advanced 0.1%.

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