Euro increases against USD

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Source: Marketwatch

The single European currency grew in value versus U.S. dollar in Monday trading. The euro ticked higher to $1.2437 from $1.2384. The ICE greenback's index, which shows currency's relation to its six major counterparts, fell to 82.780 from 82.878.

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Mon, 04 Jun 2012 20:57:19 GMT

U.S. stocks advanced on Monday

U.S. markets gained this Monday on last session's sell off as investors guessed whether European committees may bolster Spanish banking sector. The Dow Jones Industrial Average inched higher 19.45 points to 12,139. The Standard & Poor 500 index grew 4 points, a 0.3 per cent increase, to 1,282.13 and the Nasdaq Composite index climbed 22 points, a 0.8 per cent increase, to 2,769.

Mon, 04 Jun 2012 20:02:19 GMT

European markets lose on German stocks

European stock markets declined on Monday , as German stocks edged lower on data, which indicated weakness in Chinese service sector. The Stoxx Europe 600 index fell 0.4 per cent to 234.25. The German DAX 30 index dropped 1 per cent to 5,985.47, with Volkswagen AG tumbling 2.7 per cent and Daimler AG retreating 1.5 per cent.

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