TORONTO – The Toronto stock market was sharply lower Wednesday as oil closed below the US$ 45 mark amid data showing U.S. crude supplies at 80-year highs. Losses picked up at mid-afternoon as doubts arose about the Federal Reserve waiting until late this year to hike rates. The S&P/TSX composite index fell 231 points to Read More
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* Apple posts largest corporate profit in history * Yahoo unveils plan to spin off Alibaba stake * Futures up: Dow 13 pts, S&P 6 pts, Nasdaq 43 pts (Updates prices, adds comment) By Rodrigo Campos NEW YORK, Jan 28 (Reuters) – U.S. stocks were set to rise at the open on Wednesday, boosted by Read More
NEW YORK – US stock index futures rose on Wednesday, boosted by earnings including from Apple and Boeing, while focus could shift later in the day to the Federal Reserve’s first two-day policy meeting of the year. * The Fed is expected to signal it remains on track to begin raising interest rates later this Read More
THERE has been a sharp decline in US wheat futures this year, as the runaway US dollar impedes the ability of American grain exports to remain competitive. However, with the Australian dollar falling in this period, Australian grain prices have remained relatively steady over the same period, as favourable shifts in currency and firming Read More
U.S. stock futures were higher Wednesday, helped by Apple ( AAPL ) beating earnings expectations and Yahoo ( YHOO ) announcing a spin-off of its remaining holdings in Alibaba Group ( BABA ) into a newly formed investment company. At 2:00 p.m. E.T., the U.S. Federal Reserve’s Federal Open Market Committee is expected to Read More
* Apple posts largest corporate profit in history * Yahoo unveils plan to spin off Alibaba stake * Futures up: Dow 36 pts, S&P 9 pts, Nasdaq 51 pts By Rodrigo Campos NEW YORK, Jan 28 (Reuters) – S&P Futures rose on Wednesday, boosted by earnings including from Apple and Boeing, while focus could shift Read More
LONDON (ShareCast) – 1203: US stock futures are lower with the S&P 500 and Dow Jones trading down 0.6% in pre-market trade. With quarterly results from Microsoft (NasdaqGS: MSFT – news) underwhelming investors last night, markets are turning nervous ahead of earnings from Apple (NasdaqGS: AAPL – news) this evening. Reports that Taiwanese Apple supplier Read More
* New York City mostly spared of snow storm * Caterpillar shares slide as low oil prices hurt profit * Microsoft shares tumble a day after results * Futures down: Dow 195 pts, S&P 15 pts, Nasdaq 37 pts (Updates prices, adds Caterpillar) By Rodrigo Campos NEW YORK, Jan 27 (Reuters) – S&P Futures fell Read More
* Normal trading day expected, New York spared of storm * Pfizer’s outlook disappoints, stock slips * Microsoft shares tumble a day after results * Futures down: Dow 120 pts, S&P 11 pts, Nasdaq 28 pts By Rodrigo Campos NEW YORK, Jan 27 (Reuters) – S&P Futures fell on Tuesday, weighed by company earnings results Read More
LONDON (ShareCast) – US stock futures pointed towards a lower open on Tuesday, as disappointing earnings weighed on the markets. The Dow Jones Industrial Average is expected to open around 275 points lower than Monday’s close while the S&P 500 and the Nasdaq are expected to begin the session 24 and 60 points lower respectively. Read More