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17.06.2015 06:33 Global Stocks: U.S. optimism and Asian concerns

U.S. stock indices ended up with gains on Tuesday as investors paid more attention to domestic economic data than to concerns over Greece. Thus the S&P 500 rose by 0.57% or 11.86 points to 2,096.29, while the Dow Jones Industrial Average advanced by 0.64% or 113.31 points to 17,8904.48. At the same time, the Nasdaq Composite rose by 0.51% or 25.58 points to 5,055.55.

The annual pace of building permits, which reflect future demand, rose 11.8% to 1.28 million, the fastest pace since August 2007.

Asian indexes are trading mixed today. China's Shanghai Composite Index lost 0.16% or 7.63 points to 4,879.80. Hong Kong Hang Seng rose by 0.72% or 192.11 points to 26,758.81. Meanwhile the Nikkei fell by 0.18% or 35.80 points to 20,222.14 amid trade data.

Japanese exports rose 2.4% y/y in May, vs a 3.5% gain expected by economists and the 8.0% growth in April. Imports fell 8.7% exceeding expectations of a 7.5% drop. Lower purchases of crude oil, liquefied natural gas and iron ore contributed to this decline.



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