LONDON: Brent oil futures rose to US$ 56 a barrel on Thursday, as a weakened dollar and industry spending cuts offset worries of a supply glut after U.S. crude inventories increased for a fifth consecutive week. The dollar fell 0.25 percent against a basket of currencies , making dollar-traded commodities such as oil more attractive. Read More
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HAMBURG: European milling wheat edged higher on Wednesday, bouncing from earlier lows with support from rising US wheat futures. The front-month March milling wheat contract on the benchmark Paris-based Euronext market unofficially closed up 1.0 euro or 0.5 percent at 186.00 euros a tonne, after earlier Read More
* Europe agrees on way forward for Greece * Apple rises after Icahn letter * Indexes: Dow off 0.04 pct, S&P flat, Nasdaq up 0.28 pct (Updates with Greek news, late markets moves) By Sinead Carew NEW YORK, Feb 11 (Reuters) – U.S. stock futures rose late on Wednesday after Europe agreed on a way Read More
* PepsiCo climbs in premarket after results * Rite Aid to buy EnvisionRx for about $ 2 billion * Pier 1 tumbles after outlook cut * Futures: Dow down 30 pts, S&P off 1.5 pts, Nasdaq up 2 pts (Adds quote, updates prices) By Chuck Mikolajczak NEW YORK, Feb 11 (Reuters) – U.S. stocks were Read More
U.S. stock futures were trading slightly in the red Wednesday ahead of a meeting between European leaders Wednesday and Thursday that could give clues about Greece’s fate, even as expectations were low for a resolution to the standoff. On Wednesday, European finance ministers will meet and then European leaders meet on Thursday. The rhetoric Read More
* PepsiCo climbs in premarket after results * Rite Aid to buy EnvisionRx for about $ 2 billion * Pier 1 tumbles after outlook cut * Futures off: Dow 24 pts, S&P 1.75 pts, Nasdaq flat By Chuck Mikolajczak NEW YORK, Feb 11 (Reuters) – Dow Futures were little changed on Wednesday, after the S&P Read More
BEIJING: Brent crude held steady above US$ 56 a barrel on Wednesday, and U.S. crude rose briefly more than US$ 1, after a smaller than expected rise in U.S. crude stocks were viewed by some as a sign that a supply glut was starting to abate. The gains in futures, however, were capped by a Read More
CHICAGO: US wheat futures fell 1.5 percent on Tuesday, declining for the first time in four sessions after the US Department of Agriculture in a monthly report estimated world ending stocks larger than analysts anticipated. Soybean futures shed 1 percent while corn was narrowly lower. Prices for all three crops extended declines in the wake Read More
* Coupons.com tumbles after outlook * Coca-Cola up in premarket after results * Starwood Hotels to spin-off vacation ownership business * Futures up: Dow 100 pts, S&P 13.25 pts, Nasdaq 24.25 pts (Adds quote, updates prices) By Chuck Mikolajczak NEW YORK, Feb 10 (Reuters) – U.S. stocks were poised for a higher open on Tuesday, Read More
* Futures hit session high after report of Greek extension * Coca-Cola up in premarket after results * Starwood Hotels to spin-off vacation ownership business * Futures up: Dow 100 pts, S&P 12.25 pts, Nasdaq 26.25 pts By Chuck Mikolajczak NEW YORK, Feb 10 (Reuters) – U.S. stocks climbed on Tuesday after two straight declining Read More