Analytics, News, and Forecasts for CFD Markets: stock news — 07-05-2012.

ATTENTION: The content in the news and analytics feed is updated automatically, and reloading the page may slow down the process of new content appearing. We recommend that you keep your news feed open at all times to receive materials quickly.
Filter by currency
07.05.2012
19:02
Dow 13,038 0 0.00%, Nasdaq 2,966 +10 +0.34%, S&P 500 1,373 +4 +0.27%
18:22
European stocks close:

 

European stocks rose the most in more than a week as German Chancellor Angela Merkel said she will receive French president-elect Francois Hollande with “open arms” as they work together to tackle the debt crisis.

Hollande defeated French President Nicolas Sarkozy to become the first Socialist in 17 years to control Europe’s second-biggest economy. He pledged to push for less austerity and more growth in the region.

Greece’s political leaders struggled to find the support needed to form a coalition government after voters flocked to anti-bailout parties, calling into question the country’s ability to impose the measures needed to guarantee its future in the euro.

German factory orders rose more than forecast in March as demand from outside the euro area helped Europe’s largest economy weather the debt crisis. Orders, adjusted for seasonal swings and inflation, jumped 2.2 percent from February, when they gained a revised 0.6 percent, the Economy Ministry in Berlin said.

National benchmark indexes rose in 12 of the 16 western European markets open today. Spain’s IBEX 35 jumped 2.7 percent and Italy’s FTSE MIB rallied 2.6 percent. Germany’s DAX added 0.1 percent and France’s CAC 40 increased 1.7 percent, while Greece’s ASE plunged 6.7 percent.

U.K. and Irish markets were closed for a holiday.

BNP Paribas and Societe Generale, the biggest French lenders, gained 4.2 percent to 30.21 euros and 4 percent 17.99 euros, respectively, erasing earlier losses. The spread between German 10-year government bond yields and French yields on similar-maturity debt narrowed.

UniCredit and Intesa Sanpaolo rose 5.6 percent to 2.85 euros and 3.9 percent to 1.09 euros, respectively, as UBS kept its positive view of the lenders among Italian banks.

Banco Santander SA, Spain’s biggest lender, rallied 4.7 percent to 4.90 euros. Banco Bilbao Vizcaya Argentaria SA advanced 5.4 percent to 5.29 euros.

Lafarge SA, the world’s biggest cement maker, increased 4 percent to 30.50 euros. Analysts at Citigroup Inc., Helvea AG and Equita SIM SpA upgraded the shares.

16:58
U.S. stocks swung between gains and losses

 

U.S. stocks swung between gains and losses, following the biggest weekly decline in 2012, as investors weighed Francois Hollande’s election as France’s president and Greek voters flocking to anti-bailout parties.



French Socialist Hollande, who defeated Nicolas Sarkozy, pledged to push for less austerity. His victory may sharpen tensions with key allies with Hollande advocating a more aggressive European Central Bank role. In Greece, the poll cast doubt on whether the two main parties can put together a government strong enough to implement spending cuts.

Banks in the Standard & Poor’s 500 Index gained as Warren Buffett said the nation’s lenders have “liquidity coming out of their ears” and are in better shape than European rivals.

American International Group Inc. fell 4.3 percent as the U.S. Treasury Department sold $5 billion of shares.

Walt Disney Co. (DIS) rose 1.3 percent as the movie “Marvel’s The Avengers” earned a record $200.3 million in its opening weekend.


 

16:04
European stocks closed in plus: FTSE 100 closed, CAC 40 3,214.22 +52.25 +1.65%, DAX 6,569.48 +8.01 +0.12%
15:08
U.S. stocks retreated from session lows: Dow 13,010 -28 -0.22%, Nasdaq 2,958 +1 +0.05%, S&P 500 1,368 -1 -0.06%
14:29
Tech on S&P futures

 

Resistance 3:1402 (May 3 high)

Resistance 2:1388 (area of May 4 high and МА (200) for Н1)

Resistance 1:1366 (session high)

Current price: 1365,45

Support 1:1354/2 (area of low of April)

Support 2:1342 (session low)

Support 3:1330 (38,2 % FIBO 1197-1420)


 

13:36
US Stocks open: Dow 12,988.85 -49.42 -0.38%, Nasdaq 2,946.28 -10.06 -0.34%, S&P 1,365.45 -3.65 -0.27%
13:27
Before the bell: S&P futures -0.24%, Nasdaq futures -0.27%

 

 

U.S. stock futures fell after Francois Hollande’s election as France’s president and Greek voters flocking to anti-bailout parties spurred concern about Europe’s debt crisis.

 

Global Stocks:

Nikkei  9,119.14 -261.11 -2.78%

Hang Seng 20,536.65 -549.35 -2.61%

Shanghai Composite 2,451.95 -0.07 0.00%

CAC  3,174.61 +12.64 +0.40%

DAX 6,529.81 -31.66 -0.48%

Crude oil $97.72 (-0.78%).

Gold $1638.70 (-0.40%).

 

13:20
Procter & Gamble (PG) was downgraded to Market Perform from Outperform at Wells Fargo.
09:07
Asia Pacific stocks close:

 

Asian stocks fell, with the regional benchmark index heading for its biggest decline in six months, after U.S. employers added fewer jobs than forecast and amid concern Europe’s debt crisis may worsen after Socialist Francois Hollande was elected president of France.

Nikkei 225 9,119.14 -261.11 -2.78%

Hang Seng 20,512.09 -573.91 -2.72%

S&P/ASX 200 4,301.3 -94.74 -2.16%

Shanghai Composite 2,451.95 -0.07 0.00%

Samsung Electronics Co., the world’s No. 1 maker of mobile phones by sales, dropped 2.4 percent in Seoul.

Sony Corp. sank 4 percent, leading losses among Japanese exporters on concern a weaker euro will damp the repatriated value of sales from Europe.

BHP Billiton Ltd., the world’s largest mining company and Australia’s biggest oil producer, lost 3.7 percent as crude oil and copper futures fell.

06:53
European bourses are seen sharply lower Monday, weighed by election results across Europe: the CAC down 68 nad the DAX down 161. London markets are closed for a holiday.

© 2000-2025. 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, Iran, The Democratic People's Republic of Korea, Yemen 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 teletrade.org. 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 pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location