GLOBAL MARKETS-Stocks retreat on inflation fears; dollar rises - Reuters
LONDON, Might 8 (Reuters) - World stocks retreated on Thursday from this week’s four-month high as record oil prices stoked inflation concerns, while the dollar hit a two-month peak after a report that U.S. and European officials wanted the currency to
GLOBAL MARKETS-Stocks skid on record high oil, euro slumps - Forbes
SINGAPORE, Might 8 (Reuters) - Oil’s relentless push to yet another record high pressured Asian shares across the board on Thursday, raising fears that inflation — and central bank measures to cool it — would hurt consumer spending and profits
Closing glance: health care equipment and supply stocks fall - MSN MoneyCentral
NEW YORK (AP) - Shares of health care equipment and supply companies fell in late trading Wednesday, in line with the broader market, as oil prices surged near $124 per barrel, reigniting concerns over inflation and consumer cutbacks in discretionary
Stocks Decline in Europe and Asia; U.S. Index Futures Advance - Bloomberg
May 8 (Bloomberg) — Stocks dropped in Europe and Asia as new disclosure rules for investment banks and record oil prices dimmed prospects for earnings. U.S. index futures increased. Barclays Plc fell in London and Mizuho Financial Group Inc
GLOBAL MARKETS-Oil floats near record, dollar’s gains capped - Forbes
SINGAPORE, May 7 (Reuters) - Oil prices traded within sight of a record high on Wednesday, capping any gains for the dollar, while resource stocks in Asia rose on sky-high energy and metals prices. U.S. crude was steady at $121.79 a barrel, just off
Despite high oil, Toronto stocks dip amid profit taking - Reuters Canada
TORONTO (Reuters) - The main index of the Toronto Stock Exchange gave up ground on Wednesday as strong oil prices failed to dissuade investors from trimming their holdings by taking profits. The S&P/TSX composite index .GSPTSE fell 43.20 points, or 0
Indonesian shares close off lows as energy-related stocks rebound - CNBC
JAKARTA (Thomson Financial) - Indonesian shares closed off their lows on Thursday after energy-related stocks and coal miners bounced back late afternoon on hopes commodity prices will remain high on the back of the soaring oil price. Banks and
Russia Stocks Cheapest in Europe on Higher Inflation (Update1) - Bloomberg
Might 8 (Bloomberg) — Russia’s stock market is telling Dmitry Medvedev that investors are losing confidence as inflation accelerates and taxes curb profits at the nation’s biggest oil producers. Russia’s RTS Index is off to its worst begin to a year
Asia stocks slip - Reuters UK
May 8 - Refiners slip as oil pushes to another record high. Japan’s benchmark Nikkei fell 1.1% (13943.26), slipping back from its highest level in almost 4 months. The euro slumped to a two-month low against the dollar as fresh economic data sparked
Stocks ready to bounce back - CNN Money
LONDON (CNNMoney.com) — U.S. stocks looked set to recover from the previous session’s sharp fall Thursday, ahead of sales reports from several huge retailers. At 5:11 a.m. ET, Nasdaq and S&P futures were higher and pointing to a positive start for
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