U.S. stocks gain on economic data

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Source: Reuters
© Scanpix/RS
Wall Street futures inched higher on Thursday trading session after economic data from the world's largest economy signaled that an improvement in investors' sentiment and as the Federal Reserve Chairman Yellen commented that the Fed may hike rates in 2015. The S&P 500 Index rose 0.60% to 1,872.01, the Dow Jones added 0.67% to 16,331.05 and the Nasdaq index jumped 0.27% to 4,319.286.

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Fri, 21 Mar 2014 07:24:17 GMT

Greenback trades near highs versus major currencies

The U.S. Dollar swung between gains and losses earlier on Friday trading session traded near its three-week high against the most traded currencies on speculation that the Fed may raise rates as soon as in 2015. The so-called Greenback traded at $1.3777 after rising to a 2-week peak of $1.3749, while it was last seen at 102.69 yen and C$1.1237.

Fri, 21 Mar 2014 07:23:30 GMT

U.S. Dollar strengthens as Yellen signal rates increase in 2015

The U.S. Dollar advanced on Friday trading session with the index measuring its performance against the basket of its most-traded peers traded near the highest level since February after the U.S. Federal Reserve Chairwoman signaled that interest rates increase may come in 2015. The U.S. Dollar index was last seen at 80.163, not from its February's peak of 80.354.

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