Global oil prices have risen for the fourth straight day, with US prices jumping after a government report predicted a drop in US shale-oil production. West Texas Intermediate for May delivery, the benchmark S&P Futures contract, added US$ 1.38 (NZD$ 1.04) to close at US$ 53.29 a barrel on the New York Mercantile Exchange on Read More

New York (AFP) – Global oil prices rose for the fourth straight day Tuesday, with US prices jumping after a government report predicted a drop in US shale-oil production. West Texas Intermediate for May delivery, the benchmark S&P Futures contract, added $ 1.38 to close at $ 53.29 a barrel on the New York Mercantile Read More

* JPMorgan rises in premarket after results * Norfolk Southern gives weak outlook, shares fall * Nokia in talks to buy Alcatel-Lucent * Futures: Dow down 3 pts, S&P down 2 pts, Nasdaq up 1.5 pt (Updates with Wells results, retail sales data) By Ryan Vlastelica NEW YORK, April 14 (Reuters) – S&P Futures pointed Read More

* JPMorgan edges up in premarket after results * Norfolk Southern gives weak outlook late Monday * Nokia in talks to buy Alcatel-Lucent * Futures down: Dow 12 pts, S&P 2.25 pts, Nasdaq 3.25 pts (Updates with JPMorgan, J&J results) By Ryan Vlastelica NEW YORK, April 14 (Reuters) – S&P Futures were flat on Tuesday Read More

* Investors look ahead to results from JPMorgan, J&J * Norfolk Southern gave weak outlook late Monday * Nokia in talks to buy Alcatel-Lucent * Futures down: Dow 12 pts, S&P 1.5 pt, Nasdaq 6 pts By Ryan Vlastelica NEW YORK, April 14 (Reuters) – S&P Futures edged lower on Tuesday as investors awaited a Read More

NEW YORK: Oil investors who amassed a US$ 6 billion long position in exchange traded funds, occupying as much as a third of the U.S. futures market, are now racing for the exit at a near record pace. Outflows from four of the largest oil-specific exchange traded funds, including the largest U.S. Oil Fund , Read More

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CHICAGO: US soybean futures fell for the third day in a row on Monday on weak export demand for US supplies, traders said. It was the front-month Chicago Board of Trade soybean futures contract’s sixth decline in seven sessions. Overseas soybean buyers were focused on cheaper Read More

(Adds subscriber code, removes extraneous bullet point) * Big banks due to report results this week * Qualcomm rises after investors urge spinoff of unit * Builders FirstSource to buy ProBuild for $ 1.63 bln * Futures off: Dow 34 pts, S&P 4 pts, Nasdaq 0.25 pt By Tanya Agrawal April 13 (Reuters) – U.S. Read More

Price: 100.55 Chg: -1.51 Chg %: -1.48% Date: 16:09 Price: 2,092.43 Chg: -9.63 Chg %: -0.46% Date: 16:15 Stock futures on Wall Street dipped on Monday as traders cut exposure to risk ahead of some high profile earnings as the first quarter reporting season gets underway this week. Futures for the Dow Jones Industrial Average Read More