US stocks rallied on encouraging industrial production figures

Note: This section contains information in English only.
Source: Dukascopy Bank SA
US stocks rallied on Tuesday after the Labor Department announced that CPI rose only by 0.1% in September, indicating that consumers have more money to spend. Moreover, slower CPI growth leaves a room for further easing from the Fed. Adding to the positive mood of the US equities, US industrial production climbed 0.4% last month, beating expectations of a 0.2% increase. The S&P 500 Index jumped 1.03% to close at 1,454.92. Nine out of ten sectors within the index advanced. The top-gainers were producers of basic materials and technology firms.  Cliffs Natural Resources, Freeport-McMoRan Copper & Gold and Monsanto rose 7.12%, 2.93% and 1.46%, respectively. Among technology companies, Apple climbed 2.37% after the firm sent invitations for an event where it is likely to present a smaller iPad. Lenders also moved higher, with Citigroup adding 1.61% on news that its CEO Vikram Pandit is stepping down. On the downside were telecommunication companies, with Metropcs Communications retreating 2.74%.

Back to articles

Actual Topics

Wed, 17 Oct 2012 15:31:24 GMT

US blue chips advanced amid hopes for better Q3 results

US blue chips soared on Tuesday on encouraging news from the US and Europe. US factory production rose more expected last month while German investors' sentiment improved in October. Sending the US blue chips index higher, earnings of Dow companies beat expectations in Q3. The Dow Jones Industrial Average Index advanced 0.95% to close at 13,551.78. Eight out of nine

Wed, 17 Oct 2012 14:58:23 GMT

U.S. stocks gain on housing starts

On Monday, futures for U.S. stocks were traded higher, as U.S. housing starts surged more than expected, reaching the highest level since July 2008. S&P 500 futures expiring in December increased by 0.3% and reached 1,452.8 by 8:44 a.m. New York time. The index has grown by 1.8% since the beginning of the week.

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.