Wall Street's S&P500 tops 1400

Wall Street’s broad S&P 500 index topped 1400 for the first time in three months, led by gains in energy shares.

At the close (8am NZ time), the benchmark was up 0.9% to 1401.35, with every company in the  energy group rising. Chesapeake, the second-largest US natural gas producer, jumped on higher-than-expected revenue and asset-sale plans.

The blue chip Dow Jones Industrial Average was up 51.09 points, or 0.4%, to 13,168.60, extending gains into a third consecutive day.

The Nasdaq Composite Index advanced 0.9% to 3015.86.

Other markets: Europe, Asia up
European markets edged mostly higher, with the Stoxx 600 index up 0.1% at 266.95.

In the UK, Standard Chartered shares plunged after the New York State Department of Financial Services alleged that a unit at the bank handled at least $US250 billion in illegal transactions with Iranian entities. The bank said it "strongly rejects" the allegations.

UK industrial production slumped 2.5% in June after rising 1% in May. The FTSE 100, which had been hovering around the flat line, fell 0.2% to 5798.38.

In Germany's manufacturing sector, incoming orders fell more than expected in June. The DAX index was flat immediately after the figures but then recovered to trade up 0.2% at 6932.92.

France's CAC 40 was 0.4% higher at 3414.65. Spain's IBEX 35 was up 0.8% at 7107.70 and Greece's ASE index increased 2.1% to 621.14.

Asian markets were broadly higher, with Japan's Nikkei Stock Average advancing 0.9% to 8803.31, after the Bank of Japan extended measures encouraging companies to buy foreign assets in order to curb yen strength.

Australian mining companies helped the resource-heavy S&P ASX 200 post a 0.4% gain to 4291.60. Standard Chartered skidded 7.4% in Hong Kong but the Hang Seng rose 0.4% to 20,072.55.

Commodities: Oil up, gold down
Crude-oil futures added 1.4% to $US93.50 a barrel, while gold futures eased less than 0.1% to $US1615.50 an ounce.

The US dollar fell against the euro but gained ground against the yen.

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NZ Market Snapshot


Sym Price Change
USD 0.6436 0.0000 0.00%
AUD 0.9129 0.0000 0.00%
EUR 0.5741 0.0000 0.00%
GBP 0.4243 0.0000 0.00%
HKD 4.9945 0.0000 0.00%
JPY 77.1520 0.0000 0.00%


Commodity Price Change Time
Gold Index 1136.7 25.250 2015-10-02T00:
Oil Brent 48.8 0.950 2015-10-02T00:
Oil Nymex 46.0 0.800 2015-10-02T00:
Silver Index 15.3 0.752 2015-10-02T00:


Symbol Open High Last %
NZX 50 5585.4 5600.6 5585.4 0.14%
NASDAQ 4566.1 4707.8 4627.1 1.74%
DAX 9606.6 9667.5 9509.2 0.46%
DJI 16258.2 16472.8 16272.0 1.23%
FTSE 6072.5 6176.2 6072.5 0.95%
HKSE 21172.9 21530.8 20846.3 3.17%
NI225 17564.4 17775.8 17722.4 0.02%