* HP drops in premarket after results, outlook * Day two of Yellen testimony on deck * New home sales data expected at 10 a.m. * Futures off: Dow 8 pts, S&P 3.25 pts, Nasdaq 8.25 pts By Chuck Mikolajczak NEW YORK, Feb 25 (Reuters) – U.S. stock indexes were little changed on Wednesday, after Read More
February 2015
LONDON (ShareCast) – US stock futures pointed to a broadly flat open on Wall Street as market participants prepare for the second day of Federal Reserve Chair Janet Yellen’s testimony to US lawmakers in Capitol Hill. Both the front month futures contracts for the Dow Jones Industrial Average and S&P500 were indicating a steady start Read More
SINGAPORE: US wheat lost more ground on Wednesday, falling for four out of six sessions and to its lowest in three weeks as expectations of bumper global production weighed on the market. Soybean prices slid from Tuesday’s six-week top on hopes that Brazilian authorities would soon Read More
The Australian bond market is firmer after comments from the US central bank show it is in no hurry to raise its interest rate. US Federal Reserve chair Janet Yellen told a Congressional committee that the US labour market still showed some weakness and inflation continued to fall, making any interest rate hike unlikely before Read More
New York (AFP) – Oil prices slipped Tuesday as traders estimated a key report will show another increase in US crude inventories that already are at record levels, exacerbating the global oversupply. US benchmark West Texas Intermediate for April delivery fell 17 cents, closing at $ 49.28 a barrel. In London, Brent North Sea crude Read More
* Yellen’s two-day testimony before Congress to start at 10 a.m. * Home Depot climbs in premarket after earnings, buyback * Toll Brothers rises in premarket after results * Futures: Dow up 21 pts, S&P off 0.25 pt, Nasdaq off 3 pts (Adds quote, updates prices) By Chuck Mikolajczak NEW YORK, Feb 24 (Reuters) – Read More
U.S. stock futures were mixed on Tuesday with the Dow Jones Industrial Average slightly in the black and the S&P 500 and the Nasdaq 100 slightly in the red before Federal Reserve Chair Janet Yellen was due to give the semi-annual monetary policy testimony to the Senate Banking Committee in Washington. Yellen is due Read More
LONDON (ShareCast) – US stock futures were steady ahead of Wall Street’s open as investors gear up for Federal Reserve head Janet Yellen’s testimony to the Senate Banking Committee and the House Financial Services Committee which kicks off Tuesday and continues on Wednesday. According to broker Atif Latif at Guardian Stockbrokers, the Dow Jones Industrial Read More
* Yellen’s two-day testimony before Congress to start at 10 a.m. * Home Depot climbs in premarket after earnings, buyback * Futures: Dow up 10 pts, S&P off 0.5 pt, Nasdaq off 2.25 pts By Chuck Mikolajczak NEW YORK, Feb 24 (Reuters) – S&P Futures were little changed on Tuesday, with the Dow and S&P Read More
Australian bond futures prices have drifted higher following weak US housing data and ahead of comments from the head of the US central bank. Investors are keenly awaiting Congressional testimony from US Federal Reserve chair Janet Yellen on Tuesday and Wednesday night, Australian time. St George senior economist Janu Chan said traders will be looking Read More