U.S. stock futures were sharply lower Thursday, while oil prices surged, as Saudi Arabia’s air strikes on Yemen caused jitters in markets. Both West Texas Intermediate rose 4.5% to $ 51.43 recently and Brent crude oil for delivery in May was up 4.4% at $ 58.98. Economic data on tap Thursday include jobless claims Read More
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* Oil jumps after air strikes on Yemen * SanDisk tumbles in premarket after outlook cut * Weekly jobless claims, flash Markit services sector PMI on tap * Futures off: Dow 124 pts, S&P 14 pts, Nasdaq 46.25 pts By Chuck Mikolajczak NEW YORK, March 26 (Reuters) – Dow Futures were lower on Thursday to Read More
A robust jobs report has sent the US dollar soaring, driving a sell-off in the oil market that has left the Dow Futures benchmark back below $ 50 a barrel. West Texas Intermediate for delivery in April slid $ 1.15 to $ 49.61 on the New York Mercantile Exchange on Friday, ending near its week-ago Read More
LONDON (ShareCast) – European stocks slid on Thursday after declines in US and Asian markets overnight coupled with growing concerns about instability in the Middle East in the wake of Saudi Arabia’s air strikes on neighbouring Yemen. At 0855 GMT, the UK’s FTSE 100 lost 0.3% to 6949 and the DAX in Germany shed 1.2% Read More
Australian bond futures prices are lower despite disappointing economic data out of the US. Orders for US durable goods sagged in February, with new orders for long-lasting manufactured goods falling 1.4 per cent, the third decline in four months. ANZ economists said the Australian bond market took its cue from the US. “US Treasuries sold Read More
* Durable goods data unexpectedly weak * Kraft up 34 pct, Kofax adds 46 pct after separate deal news * Futures: Dow off 6 pts, S&P up 1 pt, Nasdaq up 6 pts (Updates prices, adds data, comment) By Rodrigo Campos NEW YORK, March 25 (Reuters) – U.S. stocks were set to open little changed Read More
LONDON (ShareCast) – Dow Futures pointed to a slightly lower open on Wednesday, as investors awaited a report on durable goods. The Dow Jones Industrial Average is expected to open approximately 67 points down, while the S&P 500 and the Nasdaq are expected to begin the session 0.3 and 7.75 points down respectively. Stocks in Read More
* Durable goods data due * Kraft up 27 pct, Kofax adds 45 pct after separate deal news * Futures: Dow off 23 pts, S&P down 1 pt, Nasdaq up 2 pts NEW YORK, March 25 (Reuters) – Dow Futures were little changed in light volume on Wednesday ahead of industrial orders data, with deals Read More
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Crude-oil futures were choppy in Asian trade Wednesday ahead of this week’s numbers on U.S. oil stockpiles and as investors positioned themselves amid volatile currency markets. On the New York Mercantile Exchange, light, sweet crude futures Read More