Here are the prices of some key commodities traded in New York on Thursday: Crude oil prices lost more than $4 to close at $91.02 a barrel. Coffee futures rose 4 cents to finish at $2.48 per pound. Copper prices dropped 5 cents to end at $4.04 a pound. Cocoa futures lost $54 to end […]
US Stocks Mixed
Posted June 23rd, 2011 at 4:20 pm (UTC-5)
U.S. stock market indexes were mixed in Thursday’s trading. The Dow Jones Industrial Average retreated half a percent to close at 12,050. The S&P 500 lost three-tenths of a percent to finish at 1,284 while the NASDAQ advanced seven-tenths of a percent to end at 2,687. European stock markets were lower at the close of […]
Oil Prices Rise
Posted June 23rd, 2011 at 4:10 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Thursday: Crude oil prices lost more than $4 to close at $91.02 a barrel. Coffee futures rose 4 cents to finish at $2.48 per pound. Copper prices dropped 5 cents to end at $4.04 a pound. Cocoa futures lost $54 to end […]
US Stocks Decline
Posted June 23rd, 2011 at 2:05 pm (UTC-5)
U.S. stock market indexes fell sharply in Thursday’s midday trading. The Dow Jones Industrial Average retreated 1.2 percent, the S&P 500 lost 1.1 percent, and the NASDAQ dropped two-tenths of a percent. European stock markets were lower at the close of trading. London’s Financial Times 100 index lost 1.7 percent to close at 5,674. The […]
G20 Targets High Food Prices
Posted June 23rd, 2011 at 1:25 pm (UTC-5)
Twenty of the world’s most important economies have agreed on measures aimed at controlling high and volatile food prices. Meeting together for the first time, agriculture ministers from the G20 group of leading and emerging nations committed thermselves to increasing regulation of commodity markets. They made plans to set up an emergency humanitarian food reserve […]
Oil Importers Release Emergency Supplies To Ease Prices
Posted June 23rd, 2011 at 12:55 pm (UTC-5)
(new info grafs 3 & 5) The 28 member nations of the International Energy Agency say they will release millions of barrels of oil from emergency stocks over the next month to make up for production curtailed by fighting in Libya. IEA officials say disruptions in Libya have kept 132 million barrels of high grade […]
US Jobless Claims Rise
Posted June 23rd, 2011 at 12:05 pm (UTC-5)
(new info, grafs 1, 5) Key measures of the U.S. job and housing markets have gotten a bit worse recently. Thursday’s report from the Labor Department shows the number of Americans signing up for unemployment compensation rose by 9,000 to a nationwide total of 429,000. The report is the latest in a series showing continued […]
US Stocks Decline
Posted June 23rd, 2011 at 10:20 am (UTC-5)
U.S. stock market indexes fell sharply in Thursday’s early trading. The Dow Jones Industrial Average retreated 1.7 percent, the S&P 500 lost 1.8 percent and the NASDAQ dropped 1.6 percent. European stock markets were lower in afternoon trading. London’s Financial Times 100 index lost 1.5 percent, the CAC-40 in Paris moved down 2.1 percent, and […]
Oil Importers Release Emergency Supplies To Ease Prices
Posted June 23rd, 2011 at 10:00 am (UTC-5)
The 28 member nations of the International Energy Agency say they will release millions of barrels of oil from emergency stocks over the next month to make up for production curtailed by fighting in Libya. IEA officials say disruptions in Libya have kept 132 million barrels of high grade crude oil off the market, contributing […]
US Jobless Claims Rise
Posted June 23rd, 2011 at 9:10 am (UTC-5)
A key measure of the U.S. job market got a bit worse last week. Thursday’s report from the Labor Department shows the number of Americans signing up for unemployment compensation rose by 9,000 to a nationwide total of 429,000. The report is the latest in a series showing continued weakness in U.S. employment. The head […]
