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Global Markets News

S&P; 500 barely extends rally to day four

Photo

NEW YORK - The Standard & Poor's 500 just barely extended a streak of gains to a fourth day on Wednesday, ending above 1,400 in another thinly traded session. | Video

Global shares inch up ahead of China data

TOKYO - Asian shares inched up on Thursday with investors turning to data from China for any policy implications on future stimulus, amid guarded optimism for decisive action by Europe to tackle the euro zone debt crisis and global growth slowdown. | Video

8:27pm EDT

Oil futures mixed after surge on U.S. stock draw

NEW YORK - Oil futures turned mixed in late trading on Wednesday after leaping to three-month highs on U.S. government data showing a sharp drawdown in domestic crude stockpiles last week and amid worries about lower North Sea oil production.

3:53pm EDT

Pound set for fall after BoE paints gloomy picture

LONDON - The British pound is heading for fresh falls in coming weeks as worries about a deepening recession in the UK, highlighted by the Bank of England, keep expectations of further monetary easing intact.

12:24pm EDT

Nikkei treading water; eyes China data, BOJ

TOKYO - Japan's Nikkei share average seesawed on Thursday morning, as momentum from a three-day rally petered out and as investors waited for a raft of economic data from China to see if the slowdown there has bottomed out.

9:48pm EDT

Kiwi first casualty on data-filled day

SYDNEY - Investors took aim at the New Zealand dollar on Thursday on the back of a disappointing jobs report, but held their fire on others ahead of a batch of key data from China and Australia that could make or break risk sentiment.

7:49pm EDT
World Markets

UPDATE 2-China opens murder trial of ousted leader's wife

HEFEI, China, Aug 9 - China's most politically sensitive trial in three decades opened on Thursday with police dragging two protesters away from a courthouse where the wife of ousted Politburo member Bo Xilai is expected to be swiftly convicted of murder.

Stocks, 10:17pm EDT

UPDATE 1-UK Stocks-Factors to watch on Wednesday, Aug 8

* Britain's FTSE 100 index is seen opening 38 to 42 points lower, or as much as 0.7 percent, on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

Stocks, 2:46am EDT

European shares creep higher, led by miners, banks

* FTSEurofirst 300 up 0.2 percent * Standard Chartered rebounds, leads banks higher * Rio lead gains among miners By David Brett LONDON, Aug 8 - European shares held near four-month highs on Wednesday with gains in miners and the scandal-hit banking sector outpacing weakness in autos and oils as the wait went on for more central bank action stimulate the global economy. Standard Chartered rose 7.1 percent, having shed 22 percent over the last two days, as the UK le

Nikkei treading water; eyes China data, BOJ

* Nikon punished for cutting full-year forecast * China data anticipated; monetary easing off the table * BOJ seen standing pat on policy By Sophie Knight TOKYO, Aug 9 - Japan's Nikkei share average seesawed on Thursday morning, as momentum from a three-day rally petered out and as investors waited for a raft of economic data from China to see if the slowdown there has bottomed out. Nikon Corp fell as much as 11.8 percent to a six-month low after the camera maker u

Hong Kong shares to open up 0.4 pct ahead of China data

HONG KONG, Aug 9 - Hong Kong shares were set to open higher on Thursday, ahead of China's July economic data later in the day, including inflation, urban investment, industrial output and retail sales.

Financials, Industrials 9:26pm EDT

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DOW 13,175.64 +7.04 +0.05%
S&P; 500 1,402.22 +0.87 +0.06%
NASDAQ 3,011.25 -4.61 -0.15%
TR US Index 126.57 +0.06 +0.04%
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USD/JPY 78.480 +0.09%
Gold 1,615.20 +1.30 +0.08%
Oil 93.57 +0.22 +0.24%
Corn 816.50 +16.00 +1.96%