US Stocks advanced

Market news

14 September 2011

US Stocks advanced

Currently Dow 11,232.65 +126.80 +1.14%, Nasdaq 2,565.98 +33.83 +1.34%, S&P 1,186.32 +13.45 +1.15%

U.S. stocks advanced, erasing earlier losses, as optimism Germany and France will confirm support for Greece offset data on American retail sales and business inventories that pointed to a slowing economy.

Shares of Dell Inc. (DELL) gained 2.2% after approving an additional $5 billion for its stock repurchases.

EUR/USD rose to $1.3770 area as known stops in the $1.3750/60 zone are tripped. Resistance eyed at $1.3780 area.

American focus: The euro rose

Market Focus

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