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Jewelry News
Jewelry News
Fri, 25 May 2012 07:33:36 GMT

The Dow Jones Industrial Average rose 33.60 points to 12,529.75. The Nasdaq Composite Index fell 10.74 points to 2,839.38, and the S&P 500 Stock Index added 1.82 points to 1,320.68. Initial claims for jobless benefits fell 2,000 to 370,000 in the past week.

Tiffany & Co. says that its profit for the first quarter was essentially the same as a year ago as it saw slowing demand in the U.S. for its jewelry.



Jewelry News


Jewelry News
Fri, 25 May 2012 07:33:36 GMT

The Dow Jones Industrial Average rose 33.60 points to 12,529.75. The Nasdaq Composite Index fell 10.74 points to 2,839.38, and the S&P 500 Stock Index added 1.82 points to 1,320.68. Initial claims for jobless benefits fell 2,000 to 370,000 in the past week.

Tiffany & Co. says that its profit for the first quarter was essentially the same as a year ago as it saw slowing demand in the U.S. for its jewelry.

In this Nov. 13, 2009 file photo, an oil pump works in the Persian Gulf desert field of Sakhir, Bahrain.

Tiffany & Co lowered its fiscal-year sales and profit forecasts on Thursday, citing slowing economic growth in many countries and weakness in its home market, and the upscale jeweler's shares fell almost 7 percent.

In an April 12, 2012 file photo New York Stock Exchange Governor Nicholas Briganti, center, works with traders on the floor of the New York Stock Exchange.

Oil bounced slightly off seven-month lows near $90 a barrel Thursday in Asia amid signs China's economy is continuing to slow.



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