U.S. shares trade flat after Dow reaching all-time high

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Source: Reuters
Wall Street stocks opened flat on Thursday as traders stayed cautious after shares rallied in the session before pushing the benchmark index Dow Jones towards the strongest level all time. The Standard & Poor's 500 Index futures slipped 0.9%, the Doe Jones industrial average futures gained 11 points and the Nasdaq Composite index futures jumped 9.75 points.

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Thu, 01 May 2014 14:14:04 GMT

Sterling rises on manufacturing data

The British Sterling strengthened on Thursday trading session reaching the highest level in almost five years against the U.S. Dollar after an industry report showed that manufacturing activity in the country grew in April. The Pound also advanced against the euro-area currency touching its two-month peak as the Sterling index was seen near 5 ½- year high.

Thu, 01 May 2014 12:13:04 GMT

British manufacturing increases as exports rise

Manufacturing sector in the United Kingdom climbed considerably more than predicted by economists, as production volume reached the maximum for eight months and exports jumped. The benchmark PMI Index for the production sector surged to 57.3 points in April, up from 55.8 points a month ago. At the same time, analysts expected the index to decrease to 55.4 points.

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