S&P 500 curtails part of its losses on Thursday

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Source: Dukascopy Bank

S&P 500 Index gained 1.07% or 13.38 points and closed 1,263.02 partly offsetting previous days' losses as the number of long-term unemployment claims indicated positive trend for US job market. All 10 industries rose within the index, led by financials. J P Morgan Chase & Co gained 2.36% while Morgan Stanley added 2.28%. On the upside also were Masco Corp. and Pultegroup advancing 8.41% and 6.05% respectively. Among main decliners were Sears Holdings Corp. and Consol Energy Inc. dropping 1.29% and 1.55% respectively.

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Fri, 30 Dec 2011 15:31:18 GMT

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Fri, 30 Dec 2011 15:31:02 GMT

Fitch ratings downgrades Egypt's currency debt

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