Greater London, England -- (SBWIRE) -- 04/26/2011 -- Spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) takes a look at the financial activity shaping the markets on 14th April 2011.
This afternoon (April 14th) has seen the US stock market trading down following the publication of the latest jobs data.
Reuters reported at 15:02 BST that the Standard and Poor's 500 Index had dropped by 0.66 per cent, while the Dow Jones Industrial Average retracted by a similar amount.
Meanwhile, the Nasdaq Composite Index had been impacted slightly more, trading 0.80 per cent lower compared to yesterday's close.
The news resource pointed to weekly unemployment claims increasing "unexpectedly" as one reason why the stock indices were down.
Indeed, the US Labor Department figures showed that during the week to April 9th, initial unemployment insurance claims stood at 412,000, an increase of 27,000 on the week before.
However, the advance insured unemployment rate was down by 0.1 per cent to stand at 2.9 per cent.
The markets could rebound as Google is expected to release its financial results after they close, the news resource suggested, adding the search engine giant's revenue is expected to have soared.
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