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The Australian share market has closed higher for a second session in a row, boosted by a positive lead from US markets and a steady oil price. “We’ve certainly been led by what’s going on in the US,” IG market strategist Evan Lucas said. “We’ve had a really good bounce, and having a look at Read More

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* Initial claims fall by 4,000 * Family Dollar falls after earnings * Brent crude holds above $ 51 a barrel * Futures up: Dow 157 pts, S&P 16 pts, Nasdaq 33.5 pts (Adds quote, data) By Chuck Mikolajczak NEW YORK, Jan 8 (Reuters) – U.S. stocks were poised for a higher open on Thursday, Read More

* Initial claims data on tap * Family Dollar falls in premarket after earnings * Brent crude holds above $ 51 a barrel * Futures up: Dow 178 pts, S&P 19.5 pts, Nasdaq 41.75 pts By Chuck Mikolajczak NEW YORK, Jan 8 (Reuters) – Dow Futures rose on Thursday, putting equities on track for a Read More

LONDON (ShareCast) – Dow Futures pointed to a higher open on Thursday, in the wake of dovish comments from a Federal Reserve member. The Dow Jones Industrial Average is expected to open 150 points higher than Wednesday’s close of 17,584.52, while the S&P 500 and the Nasdaq are expected to begin the day 15 and Read More

* Initial claims data on tap * Family Dollar falls in premarket after earnings * Brent crude holds above $ 51 a barrel * Futures up: Dow 164 pts, S&P 17.5 pts, Nasdaq 37.75 pts (Adds premarket actives) By Chuck Mikolajczak NEW YORK, Jan 8 (Reuters) – Dow Futures rose on Thursday, putting equities on Read More

Obama touts auto bailout success, Michigan worries about trade By Jeff Mason WAYNE, Mich. (Reuters) – President Barack Obama, on a trip to unveil elements of his State of the Union address, took a victory lap in Michigan on Wednesday to tout his support of the auto industry, but concerns about trade policies hung in Read More

Disappointing US Fed minutes boost $ A The Australian dollar has drifted higher, trading at 80.78 US cent, boosted by poor US data.

* Fed minutes on tap * J.C. Penney climbs in premarket after sales results * Futures up: Dow 132 pts, S&P 16 pts, Nasdaq 25 pts (New throughout) By Rodrigo Campos NEW YORK, Jan 7 (Reuters) – U.S. stocks were set to rise at the open on Wednesday following data that showed the U.S. private Read More