US stocks jumped on ECB decision

Note: This section contains information in English only.
Source: Dukascopy Bank SA
US stocks skyrocketed on Thursday after the ECB unveiled its new short-term debt purchasing program to ease crisis pressure in the Euro area. Positive data from the US labour market also boosted market sentiment. US initial jobless claims dropped more than expected last week while non-farm unemployment tumbled much more than forecast last month. The S&P 500 Index reached its four-year high of 1,432.12. All industries within the index surged. The biggest gains posted basic materials and financials. Airgas, Ecolab and Sealed Air jumped 2.56%, 1.63% and 0.20%, respectively. Among lenders, Comercia, KeyCorp and M&T Bank surged 3.83%, 2.41% and 1.70%, respectively. Meanwhile, Amazon.Com gained 2.10% ahead of its media event where the company was likely to introduce new version of Kindle Fire tablet. News Corp climbed 3.16% on news that the firm lowered its year's bonuses for top-management. Oil and gas companies also soared amid higher crude oil prices after US stockpile report indicated much bigger-than-expected drop in inventories last week.

 

Back to articles

Actual Topics

Fri, 07 Sep 2012 13:48:33 GMT

Dow Jones index soared on positive US data

The Dow Jones index surged on Thursday after long-awaited results of the ECB press conference. The ECB stated that it would buy short-term debt to cut borrowing costs of the indebted members in the Eurozone. Upbeat data from the US jobs market and services industry buoyed the US blue chips. The US services sector activity expanded faster than forecast last

Fri, 07 Sep 2012 14:21:34 GMT

U.K. industrial production and manufacturing output fall in July

U.K. industrial production tumbled 0.8% on year in July, after a 3.8% decline in June, National Statistics reported on Friday. Economists estimated a 2.8% decrease. It added 2.9% on month in July, after a 2.4% fall in June and exceeding forecasts of a 1.5% rise. U.K. manufacturing production dropped 0.5% on year, after a 4.3% slid in June, above estimates

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.