S&P 500 index rallies after holidays

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Source: Dukascopy Bank SA
S&P 500 index rallied on Tuesday despite unexpected drop in US consumer confidence. Investors returned from a Memorial Holiday and anticipated news about possible China monetary easing and optimistic Greek polls results. US benchmark jumped 1.11% or 14.60 points and finished at 1,332.42. The biggest US coal manufacturer Peabody Energy added 5.6% after Goldman recommended buying its stocks. Western Digital  tumbled 3% after Barclays Plc downgraded the provider of disk drives. 


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