12 Feb 2015
S&P 500 higher around 2,080 pts
FXStreet (Edinburgh) - The broader S&P 500 index is advancing on Thursday backed by positive news from the M&A space, with travel companies Expedia and Orbitz Worldwide extending negotiations involving an acquisition worth $1.3 billion.
From the geopolitical sphere and adding to the buoyant sentiment, Russian President V.Putin agreed to a cease-fire in the Russia-Ukraine conflict, starting on Sunday.
A recovery in the crude oil prices after two consecutive sessions in red is seeing the barrel of WTI returning to the vicinity of the $51.00 mark amidst a softer tone around the greenback, although the increasing supply in the US markets keeps limiting the upside.
From the geopolitical sphere and adding to the buoyant sentiment, Russian President V.Putin agreed to a cease-fire in the Russia-Ukraine conflict, starting on Sunday.
A recovery in the crude oil prices after two consecutive sessions in red is seeing the barrel of WTI returning to the vicinity of the $51.00 mark amidst a softer tone around the greenback, although the increasing supply in the US markets keeps limiting the upside.