The first quarter wrapped on Tuesday with the Dow falling 200 points. And at around 9:00 p.m. ET on Tuesday night in New York, US stock futures were taking a major leg lower. The only major news in markets on Tuesday night was manufacturing data out of China, which showed unexpected expansion in the country’s Read More
March 2015
* Oil prices weaken for third straight day, Exxon down early * Charter to buy Bright Hose for about $ 10 bln * Investors looking ahead to consumer confidence data * Nasdaq set for longest streak of quarterly gains ever * Futures down: Dow 88 pts, S&P 10.5 pts, Nasdaq 20 pts (Updates prices) By Read More
* Oil prices weaken for third straight day, Exxon down early * Investors looking ahead to consumer confidence data * Futures down: Dow 89 pts S&P 11.5 pts, Nasdaq 20 pts By Ryan Vlastelica NEW YORK, March 31 (Reuters) – S&P Futures were lower on Tuesday, indicating a modest retreat from the previous session’s rally, Read More
U.S. stock index futures indicated a sharply higher open on Monday, following European stocks’ move upwards, ahead of a data-packed week that ends with the jobs report on Friday. Personal income in February rose 0.4 percent, above expectations of 0.3 percent. Consumer spending rose 0.1 percent. Pending homes sales are due at 10.00 a.m. ET. Read More
US equities are expected to open slightly higher on Monday with upbeat sessions in Europe and Asia offering support. Asian markets rallied overnight on hints by the Chinese central bank of more stimulus measures, which were further helped by dovish comments from US Federal Reserve head Janet Yellen on Friday. “The Fed Chair ruled out Read More
* M&A deal lifts sentiment; UnitedHealth unit to buy Catamaran * Oil prices volatile amid potential deal with Iran * Strength in dollar could be a concern * Futures up: Dow 121 pts, S&P 10.5 pts, Nasdaq 27.75 pts (Updates prices, adds Teva deal and economic data) By Ryan Vlastelica NEW YORK, March 30 (Reuters) Read More
* M&A deal lifts sentiment; UnitedHealth unit to buy Catamaran * Weakness in oil and strength in dollar could be a concern * Futures up: Dow 88 pts, S&P 9.25 pts, Nasdaq 28.25 pts By Ryan Vlastelica NEW YORK, March 30 (Reuters) – S&P Futures rose on Monday, pointing to a second straight daily gain Read More
In the previous session, U.S. crude lost 5 percent of its value as the market began to price in the possibility of a deal with Iran. Benchmark Brent crude oil was down 35 cents at $ 56.06 a barrel. Read MoreAngola joins Venezuela among biggest losers of oil’s tumble Read More
Australian bond futures prices have rallied on the back of Friday’s speech by US Federal Reserve chair Janet Yellen. “US bond yields fell (prices rose) after Fed chair Yellen’s speech, which was similar in tone to the Federal Open Market Committee,” St George senior economist Jo Horton said. “(Dr) Yellen said the Fed may well Read More
US Federal Reserve Chair Janet Yellen signalled that the US central bank will likely start raising interest rates later in 2015, even before inflation and wages have returned to health, but emphasised that the return to normal interest rates will be gradual. A downturn in core inflation or wage growth in US could force Read More