AAP The Australian stock market has received a mixed set of leads from overseas
markets, with Wall Street's main indices themselves mixed but oil and metals
prices higher. At 0650 AEDT the on the Sydney Futures Exchange, the March share
price index contract was eight points lower at
AAP The Australian dollar closed slightly lower after few domestic or overseas
leads. At 1700 AEDT, the Australian dollar was trading at $US0.8664/66, down
0.04 per cent from Friday's close of $US0.8668/72. From 0700 AEDT, the local
unit traded in a tight range between $US0.8643 and
AAP The Australian share market closed marginally higher ahead of key earnings
reports by heavyweights BHP Billiton, Rio Tinto and Commonwealth Bank later in
the week. At 1615 AEDT, the benchmark S&P/ASX200 index was up 7.3 points,
or 0.16 per cent, at 4,521.4, while the broader All
Malaysia’s ringgit and the Singapore dollar led declines as the MSCI
Asia-Pacific Index of regional shares slumped to a 10- week low. The U.S.
dollar rose to an eight-month high against the euro as the cost to protect
Portugal and Greece’s debt from default reached a record. European Union
AAP NEW YORK - The stock market has retreated from a two-day rally after growth
in the United States' services sector fell short of expectations. The Institute
for Supply Management said its index of service activity rose to 50.5 in
January from a revised 49.8 in December. The
The Dow Jones Industrial Average fell 4.31 points (0.04 per cent) to 10,292.54
in early trades, following two consecutive days of strong gains. The tech-rich
Nasdaq composite slid 0.92 point (0.04 per cent) to 2189.14 and the Standard
& Poor's 500 index retreated 2.13 points (0.19 per
A rise in pending US home sales and some positive earnings reports have boosted
investor sentiment. (Reuters) The home sales increased 1 per cent in December,
helping to allay fears about weakness in the housing market. United Parcel
Service reported a drop in fourth quarter profit,
Oil rallied 3.8 percent to $77.23 a barrel, the biggest gain in four months,
while aluminum added 1.7 percent and commodity producers in the MSCI World
Index jumped 2 percent as a group at 4:18 p.m. in New York. Brazil’s real
gained against all 16 major counterparts and the dollar declined
US stocks added to gains and the Dow Jones industrials rose 1 per cent in
afternoon trading, helped by stronger-than-expected corporate results. The Dow
Jones industrial average was up 109.58 points, or 1.08 per cent, at 10,295.11.
The Standard & Poor's 500 Index rose 13.49 points, or
Crude oil rallied 3.7 percent to $77.15 a barrel, aluminum gained 1.7 percent
and commodity producers in the MSCI World Index jumped 2 percent as a group at
2:14 p.m. in New York. Brazil’s real gained against all 16 major counterparts
and the dollar declined against 14 of 16. The Standard &
Malaysia’s ringgit and the Singapore dollar led declines as the MSCI
Asia-Pacific Index of regional shares slumped to a 10- week low. The U.S.
dollar rose to an eight-month high against the euro as the cost to protect
Portugal and Greece’s debt from default reached a record. European Union
