Europe stocks gain on U.S. GDP

Source: Marketwatch
European stocks advanced after U.S. economy expanded more than estimated in Q2. U.S. GDP increased 1.7% on quarter, exceeding earlier estimates and matching economists' forecasts. The Stoxx Europe 600 Index added 0.21% to 267.54. The DAX 30 Index gained 0.1% to 7,010.1. The CAC 40 Index slid 0.1% to 3,425.08 and the FTSE 100 Index dropped 0.2% to 5,765.61.
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Wed, 29 Aug 2012 16:29:10 GMT

U.S. stock futures rise amid GDP data

U.S. stock futures climbed on Wednesday after the government revised upwardly nation's economic growth in Q2. Dow Jones Industrial Average futures gained 15 points to 13,101. Futures for the S&P 500 Index rose 2.2 points to 1,410, while those for Nasdaq 100 Index added 6 points to 2,786.75.

Wed, 29 Aug 2012 15:34:10 GMT

Oil falls on Isaac, G-7 statement

Oil dropped from a one-week high and gasoline continued yesterday's fall as Hurricane Isaac struck a coast of Louisiana and the G-7 announced prices are likely to pressure the global economic recovery. Oil futures slid 0.9% and gasoline declined 1.3%. October-delivery crude slipped to $95.44 per barrel and traded at $95.62. October-settlement Brent oil fell 0.9% to $111.85 per barrel.

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