Stocks open lower; oil rises above $60
Reuters - U.S. stocks opened slightly lower on Wednesday as oil prices rose above $60 a barrel and investors awaited June data for clues on the health of the services sector, which accounts for a big chunk of the nation's economy.
Stocks Mixed As Oil Continues to Rise
AP - Stocks were narrowly mixed Wednesday as crude oil futures once again topped $60 per barrel and investors weighed strong growth in the service sector of the economy.
Stocks open mixed: Energy stocks take TSX up as oil approaches record level
Canadian Press - TORONTO (CP) - The Toronto stock market moved up Wednesday as crude prices moved beyond $60 US a barrel.
Tuesday's Wall Street Glance
AP - Dow Jones Industrials
Stocks climb, Wal-Mart ups consumer view
Reuters - U.S. stocks climbed on Tuesday, with strong June sales from Wal-Mart Stores Inc. driving blue chips and analysts' increases in earnings estimates for Apple Computer Inc. helping Nasdaq.
Wall St seen slipping, oil above $59/bbl
Reuters - Wall Street was expected to open lower on Tuesday -- after being shut on Monday for Independence Day -- as U.S. oil prices climbed past $59 a barrel, stoking fears of a squeeze on corporate profits and consumer sentiment.
Markets May Get Some Clarity This Week
AP - With crude prices still near historic highs and the Federal Reserve holding steady on interest rates, investors have been looking forward to the start of earnings season to see whether corporate America can still deliver strong profits.
European shares end at fresh 3-year peaks
Reuters - European shares ended Monday at levels last seen more than three years ago as firm oil prices powered heavily weighted energy stocks, while exporters such as carmakers gained as the euro dipped against the dollar.
Dollar rallies to 13-month highs vs euro
Reuters - The dollar hit fresh 13-month highs against the euro and 14-month highs versus the pound on Monday after strong U.S. factory data last week cemented expectations for the Federal Reserve to keep raising interest rates.
Dollar slips to lows on May durable goods
Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.
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