While you were sleeping Equities present value

Tue, 25 Jun 2013

By Margreet Dietz June 26 (BusinessDesk) - Stocks on both sides of the Atlantic advanced as investors found value after the recent slump and fresh assurances from central bankers in both China and the US. US economic data provided evidence of further strength, as reports on durable goods orders, sales of new homes, home prices and consumer confidence all beat analysts' expectations. Also helping was a promise from China’s central bank that it will keep money-market rates at a “reasonable” level. In late afternoon trading in New York, the Dow...

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