Markets Futures hold on to gains after Dow record U.S. futures and global shares are holding on to their Italy-related gains after the Dow notched a new record closing high on Monday. The current U.S. bull market is now three … Continue reading
Markets In Asia, Japan +0.5%. Hong Kong +0.8%. China -0.2%. India +0.2%. In Europe, at midday, London +0.2%. Paris +0.2%. Frankfurt +0.2%. Futures at 6:20, Dow flat. S&P +0.1%. Nasdaq +0.1%. Crude -0.9% to $51.34. Gold -0.3% to $1172.60. Ten-year … Continue reading
Markets Taking cues from the U.S. election and post-Brexit trading, a “Renzi resignation rally” is underway across the globe after denting equities earlier in the session. With virtually all the ballots counted, 59.6% of Italians voted to block the Prime … Continue reading
Markets The U.S. Labor Department’s jobs report for November will be the last major piece of economic data before the Federal Reserve’s next meeting. Economists expect 175,000 jobs to be added, up from 161,000 in October, and see the unemployment … Continue reading
Markets Financial markets are starting the month on uncertain footing following a dramatic November that featured a U.S. election, OPEC meeting and anticipation of Italy’s upcoming referendum. Despite surging oil prices, U.S. futures are following yesterday’s slight decline on Wall … Continue reading
Markets Hope is growing for a pact to cut crude output as OPEC oil ministers voice optimism at their all-important meeting in Vienna. Despite some conflicting statements, representatives of Iran, Iraq, Saudi Arabia and the OPEC Secretary-General are assuming the … Continue reading
Markets Oil prices are giving up some of Monday’s gains ahead of the official start of the latest OPEC meeting in Vienna tomorrow. Things are looking increasingly shaky following reports that OPEC’s technical experts failed to bridge their differences and … Continue reading
Markets Oil prices are bouncing around the $46 level as traders bet on whether OPEC will slash output at its closely watched meeting on Wednesday. While Libya has announced it won’t take part in any OPEC cuts and Saudi Arabia … Continue reading
Markets The four major U.S. stock market benchmarks closed at all-time highs again on Tuesday, with the Dow ending above 19,000 and the S&P 500 finishing above 2,200 for the first time, and the Nasdaq and Russell 2000 posing new … Continue reading
Markets World stocks are riding the slipstream of the first joint all-time high for Wall Street’s four main markets since 1999, with the Dow, S&P 500, Nasdaq Composite and Russell 2000 all hitting new records. “You’ve seen at the beginning … Continue reading