Wednesday, 3 October 2012
FKLI Related News
NEW YORK (Reuters) - Wall Street ended little changed in a volatile session on Tuesday as uncertainty over when Spain might apply for a bailout shackled a market struggling to build on gains that took the S&P 500 to its highest in nearly five years.
The Dow was pressured by stocks closely tied to the pace of growth, including Caterpillar Inc (CAT) and Boeing Co (BA). A major headwind for the economy has been declining demand from Europe, which has been drifting toward recession. The Dow Jones industrial average (^DJI) was down 32.83 points, or 0.24 percent, at 13,482.28. The Standard & Poor's 500 Index (^GSPC) was up 1.26 points, or 0.09 percent, at 1,445.75. The Nasdaq Composite Index (^IXIC) was up 6.51 points, or 0.21 percent, at 3,120.04.
0926 GMT [Dow Jones] Malaysian shares end up 0.5% at 1651.03 on Tuesday, tracking gains in regional equities following improved manufacturing data from U.S. However, much of the index's gain will depend on developments in Europe and the widely anticipated Moody's review on Spain, a local dealer said. More upside confirmation will be available if the spot month manage to breach its all time high above 1,658 level. However, if the market cannot breach its all time high, we are likely looking at sideways range with Support located around 1,600.