U.S. stock futures climb
Reuters - U.S. stock futures signaled a sharply higher market open on Tuesday after a government report on labor costs tempered inflation concerns before the Federal Reserve's interest-rate decision this afternoon.
Stocks Move Higher on Sagging Oil Prices
AP - Stocks moved higher Tuesday as oil prices retreated from record highs and Labor Department data showed second-quarter productivity gains grew at the slowest pace since last summer, allaying investors' inflation fears.
Market indicators show strength ahead of expected U.S. interest rate increase
Canadian Press - TORONTO (CP) - Global indicators were generally positive for North American stock markets Tuesday as oil prices backed off record highs and investors awaited a possible U.S. interest rate hike.
Dollar down before expected rate hike
Reuters - The dollar hit two-month lows against the euro and Swiss franc on Tuesday as investors viewed an expected Federal Reserve interest rate hike later in the session as unlikely to offer support for the U.S. currency.
Stocks set to edge up as Fed tops agenda
Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.
Nikkei up, helped by machinery orders
Reuters - The Nikkei share average rose 1.03 percent on Tuesday as investors, shifting their attention to the economy from politics, bought Nikon Corp. and other companies with strong earnings results.
Monday's Wall Street Glance
AP - Dow Jones Industrials
Stocks drop on oil at record $64
Reuters - U.S. stocks slipped on Monday as crude oil climbed to a record $64 a barrel, stoking concerns about the impact of high energy costs on corporate profits and consumer spending, while worries about rising interest rates hurt shares of banks and home builders.
Any lift to stocks from Fed short-lived
Reuters - A better-than-expected jobs report last week squashed hope the Federal Reserve will pause in its campaign to raise interest rates and took away a major catalyst for U.S. stocks in a historically weak month.
European shares rise as techs rally
Reuters - European stocks gained on Monday, led by a rise in Nokia on a media report that Cisco Systems is considering buying the world's top mobile handset maker, while oil prices near record highs lifted Total.
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