Dow Jones finishes lower

Note: This section contains information in English only.
Source: Marketwatch

On Monday Dow Jones Industrial Average lost 1.34% or 162.87 points and closed at 12,021.39. 28 out 30 blue chip index companies experienced losses. On the downside were Bank of America Corp. which plunged 4.7% and Intel Corp. which gave up 4% after the company reduced its profit outlook for the 4th quarter. Caterpillar declined by 2.84% and Alcoa Inc. dropped by 3.01%. Art Hogan, Lazard Capital's strategist claims markets anticipate that improvements in Europe will take time.

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Tue, 13 Dec 2011 17:46:04 GMT

DAX 30 rebounds on German confidence report

After experiencing loss on Monday, German DAX index opened flat at 5,808.88 on Tuesday morning. However, German benchmark recovered sharply after ZEW reported that investor confidence index for December was higher than expected. Auto producer Volkswagen AG gained 1.6% after the company presented 15% increase in November sales on yearly basis while BMW AG added 1.9%. Adidas AG and Deutsche Telekom climbed 1.51% and 1.31%,

Tue, 13 Dec 2011 17:43:12 GMT

S&P 500 drops by 1.49% on Monday

S&P 500 Index declined by 1.49% or 18.72 points on Monday and finished at 1,236.47 led by banking and energy stocks. US markets reflected Moody's announcement that majority of measures proposed in EU summit are similar to previous ones. Morgan Stanley lost 6.11%, Citigroup Inc. tumbled 5.39% and Goldman Sachs Group traded down 3.37%. Peabody Energy Corp. declined by 5.09%, Consol Energy Inc. dropped by

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