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Positive signs for European and US Indices

By   /   February 27, 2014  /   No Comments

The trading session in Europe also ended on a positive note, which was supported by publications of good macroeconomic statistical data. The index of business optimism of IFO of Germany for February, made 111.3 points, at average forecasts of 110.6 points. Also notable was the final data on the Eurozone consumer price index for January which decreased by 1.1% in comparison to 2013, the growth of the indicator made 0.8%.

The US stock market’s trading ended with moderate growth recorded across its main indices on Monday. Standard & Poor’s 500 index surpassed the previous record, fromn the 15th of January, 2014 with an increase of 0.62% to 1847.61 points, the Dow Jones Industrial Average raised by 0.64% to the level of 16207.14 points, and the Nasdaq Composite went to plus on 0.69% and reached the level of 4292.97 points.

February Indices news

February Indices news

The FTSE 100 also showed signs of optimism with an increase of 0.4%, the French CAC 40 added 0.9%, and the German DAX went to plus by 0.5%. The regional STXE 600 indicator increased by 0.6% and was closed on a level of 338.19 points.

Asian exchanges also joined with general optimism of the markets, as trading takes place in positive territory. The Japanese Nikkei grows by 1.44%, the Korean KOSPI adds 0.74% and only the Shanghai Composite index losses 2.05%.

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