LONDON (ShareCast) – US stocks were rising on Friday as trading in capital markets resumed following the holiday celebrations. Early in the day the Dow Jones Industrial Average gained 0.56% to 17,923.28, the S&P 500 rose by 0.37% and the tech-laden Nasdaq advanced 0.58%. “It was a disappointing end to 2014 for the USA, as Read More

U.S. crude inventories fell by 1.8 million barrels in the last week as refineries hiked output, compared with analysts’ expectations for an decrease of 67,000 barrels. Crude stocks at the Cushing delivery hub rose by 1.995 million barrels, EIA said. China’s official Purchasing Managers’ Index (PMI) slipped to 50.1 in December from Read More

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