Market news
12.01.2011, 18:40

Dow +94.53 at 11766.41, Nasdaq +16.12 at 2733.12, S&P +11.02 at 1285.50

A couple of successful debt offerings in Europe helped the bourses there bound higher. That has perpetuated a positive tone among domestic market participants that has sent the Dow, Nasdaq, and S&P 500 to new two-year highs.
Though buying has been broad based, financials have been the biggest beneficiaries of this session's bounce. The sector is up 1.4%.
Even telecom is up with a nice gain. The sector's 0.7% advance follows four straight sessions of losses, which combined for a 6.0% drop.
Such strength has helped each of the headline indices register new two-year highs. However, the Nasdaq has been lagging its counterparts by a modest margin, despite support from large-cap tech.
An appetite for the relative risk of stocks has caused some rotation out of the dollar, which now trails a collection of competing currencies by 0.7%.

© 2000-2023. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Japan and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at

Live Chat E-mail
Choose your language / location