Global Stocks Extend Gains, Supported by Higher Oil Prices (News: 07/06/2016)
Today’s Press
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Global Stocks Extend Gains, Supported by Higher Oil Prices
Futures pointed to a 0.2% gain for the S&P 500, which closed Monday at its best level since November. Changes in futures markets don’t necessarily reflect market moves after the opening bell.
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Yuan Posts Biggest Two-Day Drop Versus Basket Since February
The yuan posted its biggest two-day drop versus peers since February, spurring speculation the authorities are weakening the currency to counter a slowing economy.
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Gold slips, but holds near two-week high on Fed rate caution
Gold eased on Tuesday as investors turned cautious after the metal failed to sustain a recent rally, though it held near the previous day’s two-week high after the Federal Reserve further dampened speculation about an imminent U.S. rate rise.
Forex Quotes:
- USDJPY: 107.57
- EURUSD: 1.1355
Indices:
- S&P 500: 2,109.41
- NASDAQ : 4,968.71
Source:: Global Stocks Extend Gains, Supported by Higher Oil Prices (News: 07/06/2016)