Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


11.11.2011 17:33

U.S. stocks advanced

 

U.S. stocks rallied, preventing a weekly drop in benchmark indexes, as American consumer confidence topped estimates and Italy’s approval of debt- reduction plans eased concern about Europe’s debt crisis.

Stocks extended gains as the Thomson Reuters/University of Michigan preliminary index of consumer sentiment rose to 64.2 this month, the highest since June. The median estimate of economists surveyed called for 61.5. Earlier gains were driven by a drop in Italian bonds yields as the Senate approved budget measures in a bid to allow for a new government. In Greece, Lucas Papademos, a former vice president of the European Central Bank, will be sworn in as premier of a unity government.

Dow 12,155.50 +261.71 +2.20%, Nasdaq 2,677.01 +51.86 +1.98%, S&P 500 1,263.74 +24.04 +1.94%

All 10 groups in the Standard & Poor’s 500 Index rose as 491 stocks climbed.

Bank of America Corp. (BAC) and Citigroup Inc. (C) increased at least 3.1 percent as financial shares advanced.

Caterpillar Inc. (CAT) and Alcoa Inc. (AA) climbed more than 2.6 percent to pace gains among the biggest companies.

Walt Disney Co. (DIS) jumped 7 percent as the biggest theme-park operator reported a 30 percent gain in profit, beating estimates. Higher fees from pay-TV operators, advertising gains and improved results at resorts drove revenue and profit growth. Audience ratings for ESPN increased 13 percent in the quarter, according to Nielsen data provided by Barclays Capital. Disney resorts benefited from higher ticket prices and a new ship.

E*Trade Financial Corp. fell 3.3 percent to $9.17. The online brokerage’s board rejected putting the company up for sale following a strategic review spurred by Citadel LLC, the company’s biggest shareholder.

 

Market Focus

  • The eurozone started the third quarter on a solid footing, according to PMI survey data
  • Earnings Season in U.S.: Major Reports of the Week
  • German private sector output growth slowed for the second month running in July
  • ECB's Mersch says as conditions normalise, it is unlikely that uncoventional policies will remain necessary
July 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page