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S&P 500 closes at new record high NEW YORK: The S&P 500 bolted to a fresh record high close Thursday, led by strong gains in Apple, Facebook and other technology stocks.The broad-market S&P 500 rose 22.62 points (1.08 percent) to 2,121.10, more than three points above the prior record of 2,117.69 set on April 24. The Dow Jones Industrial Average jumped 191.75 (1.06 percent) to 18,252.24, while the tech-rich Nasdaq Composite Index gained 69.10 (1.39 percent) at 5,050.80.Analysts said the equities surge was partly due to technical factors, such as the market's ability to rally earlier in the week as it flirted with a key level on the lower end of the recent trading range. "The problem is the last few times we got one of these big up days, there was no follow-through the next days," said Mace Blicksilver, director of Marblehead Asset Management. "Today is nice, but tomorrow's the real test."The new S&P 500 record ...

Weak dollar, tame US inflation boost stocks; gold up NEW YORK: Increasing expectations the U.S. Federal Reserve will hold off raising interest rates until September at the earliest helped push the S&P 500 to a record high close on Thursday and drove the dollar to near its lowest level since January.Gold hit a three-month high as the dollar came under pressure.U.S. data showed recent dollar strength and lower oil prices suppressed producer price inflation in April, supporting the view the Fed will probably not ...
TSX halts 3-day slide, but energy stocks weigh TORONTO: Canada's main stock index broke a three-day slide on Thursday in a broad rally in which gold miners gained on higher bullion prices as the U.S. dollar weakened, but the heavyweight oil and gas sector fell along with crude prices.The Toronto Stock Exchange's S&P/TSX composite index ended up 47.40 points, or 0.32 percent, at 15,028.12. Nine of the index's 10 main sectors gained.That followed a 1.2 percent drop over the previous three days, in ...
Weak dollar, tame US inflation boost stocks; yields dip NEW YORK: Increasing expectations the U.S. Federal Reserve will hold off raising interest rates until September at the earliest boosted Wall Street on Thursday and drove the dollar to near its lowest level since January.U.S. data showed recent strength in the dollar and lower oil prices suppressed producer price inflation in April, supporting the view the Federal Reserve will probably not raise rates until later in the year."People are pretty focused on the weak numbers ...
Dollar near lowest since January; world stocks up NEW YORK: The US dollar was near its lowest since January against a currency basket on Thursday after a lower-than-expected reading of U.S. producer price inflation, while global stock markets rose.U.S. Treasury yields fell as some corporate debt issuance that has weighed on the market passed. German government bonds held relatively steady, after a dramatic two-and-a-half week selloff.U.S. and German bond yields, at their highest in months, have made equities look more expensive in comparison ...
TSX rebounds, gold rally provides lift TORONTO: Canada's main stock index rose on Thursday as resource stocks, buoyed by a gold rally, helped the market rebound from recent losses.The most influential movers on the index were Goldcorp Inc , which rose 2.84 percent to C$23.90, and Barrick Gold Corp, which advanced 1.5 percent to C$16.07.The overall materials sector, home to mining companies, climbed 1.3 percent.Gold prices touched a three-month high as the U.S. dollar retreated again following the latest batch of ...
TSX opens higher as gold miners offset industrials TORONTO: Canada's main stock index opened higher, as gains in the materials sector, led by gold miners, offset weakness led by the industrial group.The Toronto Stock Exchange's S&P/TSX composite index was up 33.94 points, or 0.23 percent, at 15,014.66 shortly after the open. Copyright Reuters, 2015 ...

 



 
Index Closing Chg%
Arrow DJIA 18,162.99 0.67
Arrow Nasdaq 5,106.59 1.47
Arrow S&P 2,123.48 0.92
Arrow FTSE 7,033.33 1.21
Arrow DAX 11,771.13 1.26
Arrow CAC-40 5,182.53 1.95
Arrow Nikkei 20,472.58 0.17
Arrow H.Seng 28,081.21 0.60
Arrow Sensex 27,564.66 0.12





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln