A resurgent US dollar has boosted Australian bonds as American investors worry about a stronger greenback denting company earnings. US Treasuries firmed during offshore trade as the greenback hit a 12-year high against the euro as well as the US Dollar Index basket of foreign currencies. The strengthening of the US dollar dented American stocks Read More
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New York (AFP) – Oil prices finished mixed Wednesday after a key report showed US crude stockpiles had swollen to another record high, adding to an oversupplied global market. The US benchmark, West Texas Intermediate (WTI) for April delivery, slipped 12 cents to $ 48.17 a barrel on the New York Mercantile Exchange. Global benchmark Read More
London (AFP) – World oil prices edged higher Wednesday as traders eagerly awaited the weekly update on commercial crude stockpiles in top consumer the United States. Gains were however limited by the strong dollar and persistent concerns about a global supply glut. In midday London deals, European benchmark Brent North Sea crude for April delivery Read More
* S&P 500 coming off biggest one-day drop in two months * Energy shares in view after sharp decline on Tuesday * Express (NYSE: EXPR – news) rises in premarket after results * Futures up: Dow 28 pts, S&P 6.5 pts, Nasdaq 10 pts (Updates prices, adds Express results) By Ryan Vlastelica NEW YORK, March Read More
* S&P 500 coming off biggest one-day drop in two months * Energy shares in view after sharp decline on Tuesday * Futures up: Dow 42 pts, S&P 6.75 pts, Nasdaq 10.75 pts (Updates prices) By Ryan Vlastelica NEW YORK, March 11 (Reuters) – Dow Futures were slightly higher on Wednesday, implying a modest rebound Read More
* S&P 500 coming off biggest one-day drop in two months * Energy shares in view after sharp decline on Tuesday * Futures up: Dow 62 pts, S&P 9.25 pts, Nasdaq 14.25 pts By Ryan Vlastelica NEW YORK, March 11 (Reuters) – Dow Futures were slightly higher on Wednesday, implying a modest rebound from a Read More
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U.S. stock futures were pointing down Tuesday, following European and Asian markets lower, as European Central Bank officials increased pressure on Greece to open its books and implement reforms and as China’s producer price index fell for a 36th month. At 10:00 a.m. E.T., The Labor Department’s Job Openings and Labor Turnover Survey is Read More
* Qualcomm jumps in premarket, to buy back shares * Crude oil falls; Exxon, Halliburton weaker * Futures down: Dow 150 pts, S&P 16.5 pts, Nasdaq 30.25 pts (Updates prices, adds Barnes & Noble results) By Ryan Vlastelica NEW YORK, March 10 (Reuters) – Dow Futures pointed to a lower open on Tuesday, pressured by Read More
* Qualcomm jumps in premarket, to buy back shares * Crude oil falls; Exxon, Halliburton weaker * Futures down: Dow 156 pts, S&P 18 pts, Nasdaq 33.25 pts (Updates prices) By Ryan Vlastelica NEW YORK, March 10 (Reuters) – Dow Futures fell on Tuesday, pressured by weaker-than-expected data out of China as well as ongoing Read More