NEW YORK: US refined products futures fell on Tuesday as slumping Brent crude prices weighed on the oil complex and a surging dollar helped provide pressure, brokers and analysts said. U.S. April RBOB gasoline futures were off 5.38 cents, or 2.87 percent, at $ 1.8209 a gallon at 12:49 p.m. EDT (1649 GMT), having slipped Read More
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(Updates headline) * Wall St coming off extended decline * Weekly jobless claims fall, retail sales disappoint * Citigroup up in premarket after Fed review * Futures up: Dow 55 pts, S&P 5.75 pts, Nasdaq 8.75 pts By Ryan Vlastelica NEW YORK, March 12 (Reuters) – S&P Futures pointed to a modestly higher open on Read More
U.S. stock futures were higher Thursday as jobless claims and retail sales provided mixed signals about the economy by beating and missing expectations, respectively. Weekly jobless claims in the week ended March 7 fell 36,000 to 289,000 compared to the expected 309,000 claims and also below the lower end of the consensus range compiled Read More
LONDON (ShareCast) – US stock futures were pointing to a mixed open on Thursday, as the rally in the dollar petered out somewhat and Asian stocks surged. The Dow Jones Industrial Average was expected to open 28 points down, while the S&P 500 and the Nasdaq were expected to begin the session seven points up Read More
* Wall St comes off extended decline * Data on retail sales, jobless claims on tap * Citigroup up in premarket after Fed review * Futures up: Dow 59 pts, S&P 6.5 pts, Nasdaq 13.5 pts By Ryan Vlastelica NEW YORK, March 12 (Reuters) – S&P Futures edged higher on Thursday, suggesting a partial rebound Read More
London (AFP) – World oil prices edged higher Wednesday as traders eagerly awaited the weekly update on commercial crude stockpiles in top consumer the United States. Gains were however limited by the strong dollar and persistent concerns about a global supply glut. In midday London deals, European benchmark Brent North Sea crude for April delivery Read More
A resurgent US dollar has boosted Australian bonds as American investors worry about a stronger greenback denting company earnings. US Treasuries firmed during offshore trade as the greenback hit a 12-year high against the euro as well as the US Dollar Index basket of foreign currencies. The strengthening of the US dollar dented American stocks Read More
New York (AFP) – Oil prices finished mixed Wednesday after a key report showed US crude stockpiles had swollen to another record high, adding to an oversupplied global market. The US benchmark, West Texas Intermediate (WTI) for April delivery, slipped 12 cents to $ 48.17 a barrel on the New York Mercantile Exchange. Global benchmark Read More
* S&P 500 coming off biggest one-day drop in two months * Energy shares in view after sharp decline on Tuesday * Express rises in premarket after results * Futures up: Dow 28 pts, S&P 6.5 pts, Nasdaq 10 pts (Updates prices, adds Express results) By Ryan Vlastelica NEW YORK, March 11 (Reuters) – S&P Read More
* S&P 500 coming off biggest one-day drop in two months * Energy shares in view after sharp decline on Tuesday * Futures up: Dow 42 pts, S&P 6.75 pts, Nasdaq 10.75 pts (Updates prices) By Ryan Vlastelica NEW YORK, March 11 (Reuters) – S&P Futures were slightly higher on Wednesday, implying a modest rebound Read More