Stocks headed for a lower open on Friday as a pullback in commodity prices weighed on natural resource shares after the U.S. dollar rebounded.
Oil fell toward $71 a barrel on Friday, trimming a 3 percent gain in the previous session, as a bounce in the dollar outweighed a more positive demand outlook from the International Energy Agency.
Stock index futures extended losses on Friday as the U.S. dollar's rebound pressured global commodity prices and weighed on natural resources shares.
Stock index futures were little changed on Friday as a pullback in commodity prices weighed on natural resource shares as the U.S. dollar rebounded.
Stock index futures were little changed on Friday as a pullback in commodity prices weighed on natural resource shares as the U.S. dollar rebounded.
Stock index futures were little changed on Friday as a retreat in commodity prices weighed on natural resource shares after the U.S. dollar rebounded.
Stock index futures were little changed on Friday as a retreat in commodity prices weighed on natural resource shares after the U.S. dollar rebounded.
Stock futures point to a mixed start on Friday for U.S. shares, following gains on Thursday.
Britain's top shares were down 0.1 percent around midday on Friday, with falls in mining stocks just outweighing modest gains in oil majors and drugmakers during a largely directionless session.
Inflation Fears Weigh; Home Concerns Remain; Questioning Citi's Review
Stock index futures point to a mixed start on Friday for U.S. shares, following gains on Thursday.
The dollar rose on Friday after Federal Reserve Chairman Ben Bernanke indicated U.S. monetary policy could be tightened as a recovery takes hold, sending crude and metal prices lower.
Asian shares hit a fresh 14-month high on Friday on optimism over U.S. earnings and the global economy, while the U.S. dollar got a reprieve after Federal Reserve Chairman Ben Bernanke indicated monetary policy would have to be tightened as a recovery takes hold.
Federal Reserve Chairman Ben Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed must remove that help as the economy heals to ward off inflation.
Senior U.S. officials deliberately created the impression last year that banks receiving huge government cash infusions were healthier than was the case, a Treasury Department watchdog's report released on Monday said.
Senior U.S. officials deliberately created the impression last year that banks receiving huge government cash infusions were healthier than was the case, a Treasury Department watchdog's report released on Monday said.
U.S. stocks could hit more speed bumps this week if the start of the third-quarter earnings season offers little evidence that the economic recovery is gaining strength.
U.S. stocks could hit more speed bumps this week if the start of the third-quarter earnings season offers little evidence that the economic recovery is gaining strength.
Federal Reserve Chair Ben Bernanke made a case to Congress on Thursday that the Fed needed additional powers to oversee banks, insurance companies, hedge funds, and others. He also admitted that the Fed hasn’t done a good job protecting consumers but said improvements are being made.
U.S. House Financial Services Committee Chairman Barney Frank and other lawmakers on Friday urged regulators to delay the December 1 implementation of financial rules to enforce a ban on Internet gambling.
U.S. House Financial Services Committee Chairman Barney Frank and other lawmakers on Friday urged regulators to delay the December 1 implementation of financial rules to enforce a ban on Internet gambling.
More investors are likely to move capital into real estate over the next couple of years to scoop up bargains even as the distress that has long plagued residential real estate broadens and takes hold in the commercial sector, a top restructuring expert said.