S&P 500 lower on US factory orders

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Source: Dukascopy Bank
S&P 500 index made the biggest two-session decline since January 27 as China lowered its economic growth forecast and US factory orders faded. US index dropped 0.39% or 5.30 points and closed at 1,364.33. Alpha Natural Resources lost 6% on falling natural gas prices caused by warm winter. CF Industries edged down 5.5% after Citigroup downgraded the stock from buy to neutral. Big Lots extended gains as Northcoast Research upgraded the retailer from neutral to buy. 

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Tue, 06 Mar 2012 11:02:42 GMT

Asian shares follow downward trend on Tuesday

Asian markets traded lower on Tuesday as investors remained worried about world second biggest economy's growth prospects. Hong Kong's Hang Seng Index fell 2.2%, Shanghai Composite Index dropped 1.4% and Japan's Nikkei Stock Average lost 0.6%. South Korea's Kospi tumbled 0.8% and Australia's S&P/ASX 200 index gave up 1.4%. 

Tue, 06 Mar 2012 10:19:47 GMT

US shares end lower on weaker data from China and Europe

US stock markets faced a relatively weak session on Monday as investors anticipated news about growth forecast cut in China and weaker PMI data in the Euro Area. S&P 500 index lost 0.39% or 5.30 points and closed at 1,364.33, Dow Jones Industrial Average index slipped 0.11% or 14.76 points to 12,962.81 and Nasdaq Composite faded most, dropping 0.86% or

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