Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Stocks, Euro Trim Gains on Concern Over French, German Outlook

U.S. stocks and the euro trimmed gains, while Treasuries pared losses, as the Financial Times reported that Standard & Poor’s will put France and Germany on “creditwatch negative.”

The S&P 500 rose 1 percent to 1,256.91 at 2:03 p.m. in New York after climbing as much as 1.8 percent earlier. The Dollar Index was little changed at 78.624 after retreating as much as 0.6 percent, while the euro erased a gain of as much as 0.7 percent. Yields on 10-year Treasury notes climbed two basis points to 2.06 percent after rising eight points earlier.

S&P will release a statement later today, the FT reported. Earlier gains in stocks added to the biggest weekly gain since March 2009 for the MSCI All-Country World Index. The advance in equities and the euro came after Italian Prime Minister Mario Monti proposed budget cuts and Germany and France pushed for a new European Union treaty to fight the debt crisis.

The MSCI All-Country World Index posted a sixth consecutive day of gains, the longest winning streak since October, and the Stoxx Europe 600 rose for a second day. Italy’s FTSE MIB Index rallied 2.9 percent as Banca Monte dei Paschi di Siena SpA and Banco Popolare SC climbed more than 10 percent.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.