(Reuters) - U.S. stocks declined on Friday, with the S&P 500 and Dowon track for their first weekly drop in four, as debt and budget negotiations by lawmakers in Washington continued.
The S&P is roughly 2 percent below its record high set last week and is facing resistance at...
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About: Irene Wilson
Recent Posts by Irene Wilson
Asian shares firm, but U.S. budget impasse constrains
(Reuters) - Asian shares ticked up on Friday after U.S. jobless claims data pointed to an improving labor market, but the lack of progress in budget and debt negotiations in Washington kept investors on edge.
The solid jobs data revived expectations of a reduction in U.S. monetary stimulus, but not without reservation, after the Federal Reserve's...
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Daily Market Review- 27th September 2013
Fundamental News
Today’s highlights:
• French Consumer Spending (MoM) + French GDA (QoQ) (Fra; 07:45 GMT)
• KOF Leading Indicators (CH; 08:00 GMT)
• ECB President Draghi Speaks (EU; 10:00 GMT)
• Italian 10-Year BTP Auction (Ita; 10:10 GMT)
• German CPI (MoM) (Ger; 13:00 GMT)
• Core PCE Price Index (MoM) + FOMC Member Rosengren Speaks + Personal Spending (MoM) (U.S;...
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Oil down a fourth session, but holds above $103 U.S. is committed to diplomatic solutions on Syria, Iran: Obama
SAN FRANCISCO (MarketWatch) — Oil futures logged a fourth straight session of losses Tuesday on the back of a better supply outlook, but prices settled above $103 a barrel as uncertainties surrounding the Middle East region remained.
Crude oil for November delivery CLX3 -0.21% fell 46 cents, or 0.4%, to settle at $103.13 a barrel on...