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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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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

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