US stocks closed lower amid dismal jobless claims data

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Scanpix/Reuters
US equities moved lower on Thursday amid dismal data from the domestic economy. The number of people applying for jobless benefits surged to 439,000 compared to a forecast of 375,000. Moreover, Philly Fed manufacturing index showed that manufacturing activity in the Philadelphia-region deteriorated more than expected this month. Adding to the bearish mood, investors remained concerned about a recession in the eurozone. The S&P 500 index shed 0.16% to close at 1,353.32. Only three in ten sectors within the index gained. The top-performers were financials and consumer goods. Comerica and BB&T climbed 0.54% and 1.7%, while Costco Wholesale and Autonation rose 1.3% and 1.87%. Meanwhile, NetApp soared 11.36% after Raymond James upgraded the company's stock rating from ‘market perform' to ‘outperform'. At the same time, Dell slid 0.21% after reporting a 47% slump in quarterly profits. Applied Materials fell 0.58% after posting a 24% drop in earnings last quarter.

Back to articles

Actual Topics

Fri, 16 Nov 2012 11:52:45 GMT

Dow slumped on employment data, eurozone's recession

Dow slumped on disappointing signals from the national economy. US unemployment claims jumped much more than expected last week. Weak manufacturing data from Philadelphia-region also weighted down on the US blue chips. Moreover, the eurozone's economy fell back into recession last quarter, dampening global risk sentiment. The Dow Jones Industrial Average index dropped 0.23% to close at 12,542.38. Four in

Fri, 16 Nov 2012 11:08:47 GMT

Sugar extends losses on rising Brazil's production

Farm commodities except for coffee moved lower on Thursday despite weaker greenback and poor conditions of the US winter corps. More favorable weather in Brazil and Argentina coupled with global consumption uncertainty pushed rural commodities lower.Wheat dropped despite potential disruptions to supplies from Russia. Arkady Zlochevsky, president of Russia's Grain Union said that exports from Russia are slowing in wake

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.