US markets down on disappointing earnings

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Source: Marketwatch
US stock indices traded lower on Wednesday as Intel and IBM reported weaker than expected earnings. S&P 500 shed 0.41% or 5.64 points to 1,385.14 while Dow Jones Industrial Average index declined 0.63% or 82.79 points to 13,032.75. Nasdaq Composite fell 0.37% or 11.37 points and closed at 3,031.45.
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Thu, 19 Apr 2012 08:35:13 GMT

Crude oil increased despite elevated US inventories

Crude oil prices inched up during Asia session on Thursday, after losses caused by unexpected increase in the US crude oil stockpiles coupled with demand uncertainties from the indebted Euro Zone.  Light, sweet crude oil futures for June delivery traded at 103.25 US Dollars per barrel on the New York Mercantile Exchange as compared to the previous session's low of

Thu, 19 Apr 2012 08:09:14 GMT

European markets end lower on Wednesday led by Spain shares

European stock markets closed in red on Wednesday as Spain reported a rapid surge in its non-performing loans. Stoxx Europe 600 lost 0.7%, Italian FTSE MIB Index dropped 2.4% and French CAC 40 gave up 1.6%. German DAX 30 index sank 1% and UK FTSE 100 index edged down 0.4%.

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