Markets - Equity
Wednesday, 19 June 2013 02:51
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NEW YORK: US stocks added to gains in afternoon trading on Tuesday, pushing the Nasdaq up more than 1 percent, as investors were optimistic about the outlook for the Federal Reserve's economic stimulus policies.The Dow Jones industrial average was up 153.55 points, or 1.01 percent, at 15,333.40. The Standard & Poor's 500 Index was up 14.37 points, or 0.88 percent, at 1,653.41. The Nasdaq Composite Index was up 35.12 points, or 1.02 percent, at 3,487.25.Copyright Reuters, 2013
NEW YORK: US stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts.Strong market breadth showed an increased appetite for equities, but trading volume was light, a sign that many market participants were taking a wait-and-see attitude.The Fed's two-day policy meeting started Tuesday, and traders are trying to guess its timeline for scaling back purchases ...
TORONTO: Canada's main stock index climbed to a one-week high on Tuesday as positive economic data and hopes that the US Federal Reserve will stick to its supportive monetary policy drove gains in almost every major sector.Coffee chain Tim Hortons Inc also boosted Canada's main stock index rising 4 percent on news that it now faces pressure from US hedge fund Scout Capital Management to make changes after recently outlining plans to address the concerns ...
NEW YORK: US stocks edged up in morning trading on Tuesday ahead of the start of a highly-anticipated Federal Reserve meeting.The Fed's policy-setting Federal Open Market Committee starts a two-day meeting Tuesday and markets are on tenterhooks as traders try to anticipate the Fed's timeline for winding down a bond-buying program that has been fundamental for price moves in various markets.Speculation over the meeting has shaken markets significantly after Fed Chairman Ben Bernanke said on ...
HONG KONG: Hong Kong stocks ended flat on Tuesday in cautious trade as investors wait to see what the US Federal Reserve's plans are for its stimulus scheme.The benchmark Hang Seng Index edged down 0.02 points to 21,225.88 on turnover of HK$59.00 billion (US$7.61 billion).Chinese stocks closed up 0.14 percent. The benchmark Shanghai Composite Index rose 3.07 points to 2,159.29 on turnover of 63.6 billion yuan ($10.4 billion).Copyright AFP (Agence France-Presse), 2013 
HONG KONG: Asian markets were mixed on Tuesday, with traders sitting on the sidelines as they await the US Federal Reserve's plans for its stimulus programme.The dollar enjoyed another positive day, with Wall Street also providing a strong lead thanks to upbeat US housing data.Tokyo stocks dropped 0.20 percent, or 25.84 points, to 13,007.28, after jumping 2.73 percent the day before.Sydney fell 0.24 percent, or 11.5 points, to 4,814.4. But Seoul rose 0.93 percent, or ...
HONG KONG: Asian markets mostly fell on Tuesday, with traders sitting on the sidelines as they await the US Federal Reserve's plans for its stimulus programme.The dollar enjoyed another positive day, with Wall Street also providing a strong lead thanks to upbeat US housing data.Tokyo stocks dropped 0.20 percent, or 25.84 points, to 13,007.28, after jumping 2.73 percent the day before.Sydney fell 0.24 percent, or 11.5 points, to 4,814.4. But Seoul rose 0.93 percent, or ...More Articles...
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