Oil prices climb before US weekly energy report (Zawya)
LONDON, Aug 6, 2008 (AFP) - World oil prices rebounded somewhat on Wednesday as traders awaited a weekly US crude stockpiles report that could shed fresh light on the strength of global energy demand....more...Stocks to falter on Freddie (CNN Money)
Stock futures lost ground Wednesday after battered mortgage finance giant Freddie Mac reported a wider-than-expected quarterly loss....more... FOXBusiness: Futures Soft After Big Jump; Oil at $119 (Fox News)
...more... Futures Soft After Tuesday's Big Jump in Stocks (Fox News)
After yesterday?s big day in the markets, Wall Street was looking at a softer open early Wednesday as oil remained mostly flat and traders waited for the release of another collection of company earnings. ...more... Markets May Turn Attention to Mixed Corporate News - RTTNews Daily Market Analysis (Nasdaq)
(RTTNews) - The major U.S. index futures are pointing to a mixed opening Wednesday....more... More losses in the Muscat and Dubai amid market panic (AME Info)
Pressure continued for second day on GCC markets, with losses in Muscat and Dubai reaching 3.8% and 1.1% respectively. The Saudi market ended its week down 3.3%. The downward trend also continued in Doha, which fell 0.23%. Kuwait and Bahrain both rose slightly, by 0.22% and 0.07% respectively....more... US Dollar Up Ahead of Fed Decision - What To Watch For (Daily FX via Yahoo! Finance)
- Euro Gains Versus British Pound, Yen as Producer Price Growth Hits Record High - Canadian Dollar: Weakest of the Commodity Currencies As Oil Tumbles...more... Energy Shares Lift S& P; Dow Takes Hit From GM's Losses (Washington Post)
The Standard & Poor's 500-stock index rose after oil posted its first weekly gain in a month, lifting energy shares, and as investors speculated that the worst of the subprime crisis had passed....more... Portsmouth area community calendar (Portsmouth Herald)
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