Stocks set for a struggle - CNN Money
LONDON (CNNMoney.com) — U.S. stock futures wavered early Tuesday as current optimism about the economy was offset by record high crude prices. At 5:20 a.m. ET, S&P futures were little changed and pointing to a flat start for Wall Street. Stocks
RPT-GLOBAL MARKETS-Oil near $120, boosts gold, dents stocks - Forbes
SINGAPORE, Might 6 (Reuters) - Oil prices held near record highs on Tuesday after storming past $120 a barrel, pushing up gold prices and stalling a recovery in Asian stocks. European equities were set to open flat to lower amid a flurry of results led
German Stocks Fall, Paced by Hypo Real, Munich Re, Lufthansa - Bloomberg
Might 6 (Bloomberg) — Most German stocks dropped, paced by Hypo Real Estate Holding. The commercial-property lender fell the most in two week after saying profit fell on markdowns related to the U.S. subprime meltdown and lower lending income. Munich
European stocks fall as UBS eclipses commodities - Reuters
PARIS, May 6 (Reuters) - European stocks fell in early trade on Tuesday, led by Swiss bank UBS (UBSN.VX: Quote , Profile , Research ) after it unveiled massive job cuts, eclipsing a rally among oil and mining shares gaining ground on higher commodity
Property stocks downgrade holds back FTSE - Financial Times
London equities were tiny changed in opening trade on Tuesday, after a wide-ranging broker downgrade hit property stocks, limiting overall momentum from resurgent oil stocks as crude prices set a new record. The FTSE 100 fell 0.25 per cent to 6,199
Asian stocks mixed; Australia trims losses after rates held steady - Forbes
HONG KONG (Thomson Financial) - Asian stocks turned mixed on Tuesday with South Korea extending gains on positive earnings outlook while Australia shut off the day’s low after its central bank left key rates on hold. The Reserve Bank of Australia
Asian stocks higher on easing U.S. recession fears; Hong Kong turns - Forbes
Asian stocks were mostly higher Monday, with Australia and Shanghai tracking gains on Wall Street on Friday as a better-than-expected U.S. jobs report boosted optimism that the world’s largest economy is recovering and has dodged a dreaded recession
European stocks flat early as UBS offset miners - Forbes
PARIS, May 6 (Reuters) - European stocks were flat in early trade on Tuesday, as weakening banks — after UBS unveiled massive job cuts — eclipsed gains in the mining sector on the back of rising metal prices. At 0713 GMT, the FTSEurofirst 300 index of
U.S. stocks fall Oil surges past $120 - International Herald Tribune
NEW YORK : U.S. stocks fell on Monday as resurgent oil prices set a record over $120 a barrel and doubts about Bank of America’s plan to purchase the largest U.S. mortgage lender renewed concerns about the nation’s economic health. The jump in crude oil
Stocks retreat as oil prices hit new high - Los Angeles Times
Wall Street pulled back Monday after Microsoft withdrew its bid for Yahoo and oil prices briefly rose above $120 a barrel to a new record. Microsoft had offered $47.5 billion to purchase Yahoo but scrapped the bid late Saturday when the software maker and
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