OREANDA-NEWS. October 25, 2011. US stocks rose on Monday with Basic Materials (+2.87%) and Financials (+2.13%) as the leaders. S&P 500 index added 1.29%, Russell 2000 Index – was up by 3.31%. VIX was down by 6.58% to 29.26.  Of 119 companies reported so far 91 topped analysts’ expectations. M&A activity supported optimism in the US market. Chicago Fed manufacturing Index was at -0.22 in September vs consensus forecast of -0.1.

EURUSD closed above 1.39 as Dudley gave more hints for QE3.

Asian indices were mixed on Tuesday. Shanghai stock indices were up 2.0% on average. S&P/ASX was down by 0.64%. Korean Kospi declined by 0.51%. Nikkei was down by 0.9%.

The European stock indices futures fell in the morning - Dow Jones Stoxx 50 futures was down by 0.36% while Dax futures lost 0.24%. S&P futures lost 0.26%.

In the US, CBOT Manufacturing Index and Housing prices from S&P/CaseShiller and FHFA will be in focus today.

43 S&P 500 companies are to present quarterly earnings reports.