What can stunt US economic growth? (Part 11 of 11) (Continued from Part 10) A note In this series, we looked at several indicators that display different aspects of the US economy. Some are stable, but may have a negative bias while others are not looking as good as we expected. This is not to imply Read More
February 2015
US consumer spending barely rose in January as households cut back on purchases of a range of goods, suggesting the economy started the first quarter on a softer note. The Commerce Department said on Thursday retail sales excluding automobiles, gasoline, building materials and food services edged up 0.1 per cent last month after a 0.3 Read More
* Ceasefire deal reached between Ukraine, Russia * Sweden introduces negative interest rates, bond buys * Cisco up in premarket after results; Tesla falls * Expedia to buy Orbitz for $ 1.33 bln * Futures up: Dow 67 pts, S&P 7 pts, Nasdaq 22 pts (Adds quote, data) By Chuck Mikolajczak NEW YORK, Feb 12 Read More
* Futures up: Dow 84 pts, S&P 9.75 pts, Nasdaq 22 pts * Ceasefire deal reached between Ukraine, Russia * Sweden introduces negative interest rates, bond buys * Cisco up in premarket after results; Tesla falls By Chuck Mikolajczak NEW YORK, Feb 12 (Reuters) – Dow Futures advanced on Thursday, following a ceasefire agreement between Read More
LONDON: Brent oil futures rose to US$ 56 a barrel on Thursday, as a weakened dollar and industry spending cuts offset worries of a supply glut after U.S. crude inventories increased for a fifth consecutive week. The dollar fell 0.25 percent against a basket of currencies , making dollar-traded commodities such as oil more attractive. Read More
HAMBURG: European milling wheat edged higher on Wednesday, bouncing from earlier lows with support from rising US wheat futures. The front-month March milling wheat contract on the benchmark Paris-based Euronext market unofficially closed up 1.0 euro or 0.5 percent at 186.00 euros a tonne, after earlier Read More
* Europe agrees on way forward for Greece * Apple rises after Icahn letter * Indexes: Dow off 0.04 pct, S&P flat, Nasdaq up 0.28 pct (Updates with Greek news, late markets moves) By Sinead Carew NEW YORK, Feb 11 (Reuters) – U.S. stock futures rose late on Wednesday after Europe agreed on a way Read More
* PepsiCo climbs in premarket after results * Rite Aid to buy EnvisionRx for about $ 2 billion * Pier 1 tumbles after outlook cut * Futures: Dow down 30 pts, S&P off 1.5 pts, Nasdaq up 2 pts (Adds quote, updates prices) By Chuck Mikolajczak NEW YORK, Feb 11 (Reuters) – U.S. stocks were Read More
U.S. stock futures were trading slightly in the red Wednesday ahead of a meeting between European leaders Wednesday and Thursday that could give clues about Greece’s fate, even as expectations were low for a resolution to the standoff. On Wednesday, European finance ministers will meet and then European leaders meet on Thursday. The rhetoric Read More
* PepsiCo climbs in premarket after results * Rite Aid to buy EnvisionRx for about $ 2 billion * Pier 1 tumbles after outlook cut * Futures off: Dow 24 pts, S&P 1.75 pts, Nasdaq flat By Chuck Mikolajczak NEW YORK, Feb 11 (Reuters) – Dow Futures were little changed on Wednesday, after the S&P Read More