Asian shares were steady on Friday after solid global economic data
boosted investor appetite for riskier assets, while the yen hit fresh
lows on expectations Japan will pursue bold policies to beat deflation
and stimulate growth.
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Friday, 25 January 2013
U.S. STOCK
The Dow Jones industrial average rose 67.12 points or 0.49 percent, to
13,779.33, the S&P 500 gained 2.25 points or 0.15 percent, to
1,494.81, and the Nasdaq Composite added 10.49 points or 0.33 percent,
to 3,153.67.
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U.S. TREASURY
U.S. Treasury debt prices rose marginally on Wednesday with support from
safe-haven buying on worries over the pace of global growth and
uncertainty given the United States is on track for divisive
negotiations on spending cuts and the budget deficit.
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FTSE
The FTSE 100 saw a late surge that briefly took it above the
psychologically significant 6,200 level. It closed up 18.47 points, or
0.3 percent, at 6,197.64 with Unilever accounting for 3.5 points of the
index gain.
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