RefBan

Referral Banners

Wednesday, November 26, 2014

Business Today: Stock futures point to lower open after economic data, earnings

Click to View in Browser
11/26/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Stock futures point to lower open after economic data, earnings
NEW YORK (Reuters) - U.S. stock index futures pointed to slight losses at the open on Wednesday as jobless claims rose to their highest level since September, though market moves were light going into the Thanksgiving holiday.
U.S. jobless claims rise above 300,000 last week
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits last week rose to the highest level since September, but the underlying trend remained consistent with a firming labor market.
U.S. core capital goods orders fall for second straight month in October
WASHINGTON, Nov 26 (Reuters) - New orders for U.S.-made capital goods unexpectedly fell for a second straight month in October, a sign that the economy lost some momentum early in the fourth quarter.
U.S. consumer spending rebounds, income rises modestly
WASHINGTON, Nov 26 (Reuters) - U.S. consumer spending rebounded in October, suggesting some resilience in the economy at the start of the fourth quarter. The Commerce Department said on Wednesday consumer spending increased 0.2 percent last month after being flat in September.
Saudi, UAE signal no push for OPEC oil cut
VIENNA (Reuters) - OPEC leader Saudi Arabia and fellow member the United Arab Emirates signalled on Wednesday they were unlikely to push for a major change in oil output at the group's meeting this week to prop up prices that have collapsed by a third since June.
Deere forecasts drop in equipment sales as farm incomes fall
(Reuters) - Deere & Co forecast a drop in equipment sales in the current quarter as lower grain prices discourage farmers from buying tractors, harvesters and other agricultural machinery.
Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit
NEW YORK (Reuters) - Goldman Sachs Group Inc , Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.
WTO postpones trade deal by a day after last-minute objection
GENEVA (Reuters) - The World Trade Organization postponed adoption of the first global trade reform in its 19-year history on Wednesday, delaying by a day after a last-minute objection from Argentina, diplomats said.
Exclusive: Online protest delays EU plan to resolve U.S. trade row
BRUSSELS (Reuters) - European campaigners against an EU-U.S. accord have held up progress towards the world's biggest free trade deal by deluging an online public consultation that EU officials had hoped would help them unblock a key issue.
China to push growth of outsourcing industry
BEIJING (Reuters) - China will develop international outsourcing of high-value-added services to create new advantages in foreign trade, its cabinet said on Wednesday, according to the official government website.
Related Video
Russian chill in Europe's ski resorts
Breakingviews: BT back to the future
Economic News
U.S. jobless claims rise above 300,000 last week
U.S. consumer spending rebounds, income rises modestly
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Counterparties
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Money
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: