Crude Oil, Silver and Gold Prices Lose Value over Weekend

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(Best Syndication News) Gold, oil, and silver prices are tumbling as markets open mixed in Europe after closing mixed in Asia (see futures charts below). Last week commodities closed higher but the trend is changing in the wee hours of Monday.

The Hang Seng Index (Hong Kong) advanced 0.23 percent, while the Nikkei 225 (Japan) and the Shanghai (China) composite indexes closed lower. The DAX (Germany) is opening higher early Monday while the FTSE 100 (England) and the CAC-40 (France) are lower.

The Nikkei was higher throughout most of Monday after positive economic news came in from the United States.

Stock Market Today – Statoil (STO) UBS (UBS) China Telecom (CHA) Deutsche Bank (DB) Report


(Best Syndication News) Stock markets were mostly higher last week as positive employment numbers continued to buttress confidence (see the stock market charts below). The Dow Jones Industrial Average (DJIA) added 14 points on Friday while the NASDAQ and S&P 500 gained 19 points and five points respectively.

The unemployment rate was unchanged in February at 8.3 percent, according to the Department of Labor. Employment increased in several industries, including professional and businesses services, health care and social assistance, leisure and hospitality, manufacturing, and mining.

Stock Market Today – McDonald’s Corp (MCD) Exxon Mobile (XOM) Oracle (ORCL) and Staples (SPLS) Report

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(Best Syndication News) Stock markets in Asia are higher Friday after confident investors in the United States continued to buy equities for the second straight day (see the stock charts below). Confidence that Greece will avoid a messy default was impetus for the buying spree, which pushed the DJIA up 70 points despite a less-than-expected jobs report.

In Asia, the Shanghai (China) composite index added 0.79 percent, while the Nikkei 225 (Japan) and the Hang Seng (Hong Kong) index added 1.65 percent and 0.89 percent respectively. Markets in Taiwan and Australia were also higher.

Stock Market Today – Lowe’s (LOW) LSI Corp (LSI) Sara Lee (SLE) Home Depot (HD) and Kraft (KFT) Report

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(Best Syndication News) Stock markets are opening higher in Europe and Asia Thursday after positive economic news boosted investor confidence in the United States (see the stock market charts below). All three major U.S. indexes were higher throughout the day.

Greece made some headway convincing private bond holders to take a write-down on their debt Wednesday. Some reports suggest that as many as 58 percent of the private bondholders are onboard. The Greece government needs to convince 66 percent to enable the government to impose a collective action clauses (CAC) on all of their bond holders.

Stock Market Today – General Motors (GM) Morgan Stanley (MS) AIG and Xerox (XRX) Report

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(Best Syndication News) Stock markets are opening higher in Europe after closing lower in Asia on Wednesday (see the stock charts below). The Dow dropped more than 200 points on Tuesday as traders worried about the Greek debt situation.

Although European leaders agreed to the second round of bailouts for the Hellenic Republic, Greek lawmakers still need to massage their sovereign debt holders into rolling over their debt at up to a 70 percent discount. If this is not done by Thursday, credit default swap agreements could be triggered.

Markets in the United States and Asia tumbled on fears that Greece would not be able to convince the investors to take such a loss.

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