DJI-NEW YORK, July 8 (Reuters) - U.S. stocks rose in another turbulent session on Tuesday as a pullback in oil prices eased worries about consumer and business spending, while financial shares gained after the Fed chairman said he may keep open a lifeline for banks.Financial shares climbed after Federal Reserve Chairman Ben Bernanke said in a speech that the U.S. central bank may extend emergency lending facilities for big Wall Street banks past year-end, showing the Fed is determined to stop the housing-inspired credit crisis from wreaking further havoc on the economy.
The Dow
The Nasdaq Composite Index <.IXIC> rose 51.10 points, or 2.28 percent, at 2,294.42, snapping a 3-day losing streak.
NYMEX-NEW YORK, July 8 (Reuters) - U.S. crude oil futures fell for a second day in a row on Tuesday, ending nearly 4 percent lower on pressure from a stronger dollar and forecasts that eased worries about Hurricane Bertha.On the New York Mercantile Exchange, August crude
CBOT-CHICAGO, July 8 (Reuters) - Chicago Board of Trade grains and soy complex closing on Tuesday.
SOYBEANS - July
Soybeans trading with expanded daily limit of $1.05.
Brazil's Agriculture Ministry left its 2007/08 soybean crop estimate at a record 59.8 million tonnes, unchanged from June.
SOYOIL -July
FCPO-KUALA LUMPUR, July 8 (Reuters) - Malaysian crude palm oil futures dropped 1.7 percent further on Tuesday as fears of a build-up in stocks and declining soy oil prices depressed the market.The benchmark September contract
Regional Equities-Asian stocks tumbled after big declines in the shares of U.S. mortgage providers reminded investors that global credit markets are not out of the woods yet, with Hong Kong <.HSI> down 3 percent. Other losers included Indonesia <.JKSE>, which gave up 1.1 percent and Malaysia <.KLSE>, which shed half a percent, but Philippine shares <.PSI> bucked the trend to gain 1.5 percent, while Vietnam <.VNI> closed 0.2 percent up.
0 comments:
Posting Komentar