OREANDA-NEWS. February 3, 2012. The US indices were slightly down on Wednesday. S&P 500 Index added 0.89% while Russell was up by 2.12% with Financials (+1.65%) and Industrials (+1.1%) as the leaders.

Greek negotiations success, good manufacturing data spurred risk rally over the world.

ISM Manufacturing Index inched down to 54.1 vs consensus forecast of 54.5.

ADP payrolls declined to 170K vs consensus forecast of 182K.

Amazon shares slumped 10% as sales growth pace had slowed.

Of 220 S&P 500 Index constituents the EPS of 146 and revenues of 124 companies beat expectations so far.

Asian markets mostly rose on Thursday. Hang Seng added 1.52%, Kospi was up by 1.28%, Japanese Nikkei added 0.76%. S&P/ASX 200 increased by 1%. Chinese indices jumped 1-1.5% as the Chinese Bank was actively participating in liquidity support operations.

PPI for Europe and US Initial jobless claims, Retail Store Sales will be in focus today.

Earnings season will go on with 38 companies to report.