U.S. stocks climb pushing S&P near record high

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Source: Reuters
Wall Street opened higher earlier on Monday trading session pushing the benchmark stock index Standard & Poor's 500 close to its highest level all-time. The S&P 500 Index gained as much as 0.48% to 1,887.51, the Doe Jones industrial average added 0.43% to 16,654.85 and the Nasdaq Composite index jumped 0.63% to 4,097.37 points.

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Mon, 12 May 2014 16:28:06 GMT

India's industrial output weakens for second straight month in March

Industrial output in the Asia's third largest economy shrank in March easing for the second successive month, the latest data released by the official statistical office showed on Monday. According to the data, the country's industrial production slipped by 0.5% on an annual basis in March as consumer demand weakened, while it was originally seen to be falling to 1.5%.

Mon, 12 May 2014 16:06:04 GMT

Euro gains before ECB reveals next steps of its policy

The 18-nation bloc currency slightly advanced earlier on Monday trading session as investors stayed cautious before the European Central Bank revealed its decision whether to add more stimulus or cut rates further. The Euro gained as much as 0.1% rising from Friday's one-month low of $1.3745 to $1.3759 and it was last seen at 140.21 yen.

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