London, England -- (SBWIRE) -- 04/29/2011 -- Spread betting provider City Index (http://www.cityindex.co.uk/) takes a look at the financial activity shaping the markets on 15th April 2011.
The Standard and Poor's 500 (S&P 500) Index has again managed to perform well during trading today (April 15th), despite the share price drop of Google which occurred overnight.
As of 11:24 local time in New York, the S&P 500 had advanced by 0.3 per cent, Bloomberg reported.
Meanwhile, the Dow Jones Industrial Average rose by the same amount.
According to the news resource, better-than-expected consumer confidence data helped US stocks forget about the Google plummet.
Ten minutes later, Google's share price was 6.83 per cent lower than yesterday's close, when it was 0.39 per cent up.
The search engine giant announced after the markets closed yesterday that while its revenue during the quarter ended March 31st 2011 increased by 27 per cent compared to the same period last year, non-US revenues remained flat.
Furthermore, GAAP operating income accounted for four per cent less of revenues than it had done during the first quarter of 2010.
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