* Indexes have fallen for two straight weeks * Apple to be in focus amid product event * Whiting up in premarket, WSJ reports company seeking buyer * Futures down: Dow 32 pts, S&P 3.5 pts, Nasdaq 7.25 pts By Ryan Vlastelica NEW YORK, March 9 (Reuters) – Dow Futures were lower on Monday, pointing Read More
Author: Dow Futures
Monetary activism is a relatively new dynamic that has played an integral role in the market economy over the past quarter century. For the sake of stimulating an economy in a downturn, a government’s central bank cuts interest rates and pumps in the liquidity. Since the Great Recession of 2008, the U.S. Federal Reserve has Read More
The U.S. Energy Information Administration said U.S. crude stocks jumped by 10.3 million barrels last week, more than double the amount predicted by analysts and the eighth weekly rise in succession. U.S. crude inventories are at a record high. Stocks at Cushing, Oklahoma, rose by 536,000 barrels, less than anticipated but still Read More
CHICAGO: US wheat futures dropped nearly 2 percent on Monday on poor export demand for US supplies and lessened concerns about damage to the dormant US crop, traders said. Soybeans weakened as worries eased about a truckers’ strike in Brazil slowing shipments of newly harvested supplies Read More
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CHICAGO: US wheat futures dropped 2.5 percent on Monday on poor export demand and lessened concerns about damage to the dormant US crop, traders said. Poor export demand also weighed on soybeans. Traders added that easing worries about a truckers’ strike in Brazil slowing shipments of Read More
The bond market has weakened after strong US jobs data convinced economists American interest rates will rise mid-year. Local futures prices weakened in line with US Treasuries after Labor Department data showed that 295,000 jobs were created in February, which was better than market expectations of 235,000 positions. This saw a sell-off in 10-year Australian Read More
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The U.S. market was also under pressure from a spread play versus Brent as players bet on it to decline further before inventory data issued by the government-run Energy Information Administration on Wednesday. Industry group American Petroleum Institute will run its own stockpile data at 4:30 p.m. EDT (2130 GMT) on Tuesday, ahead of Read More
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