U.S. stock futures fall as hurricane lands

Source: The Wall Street Journal
© Scanpix/AP
U.S. stock futures declined on Tuesday as investors estimated the financial impact of the hurricane to be billions of Dollars. Dow Jones futures slid 0.3% to 13,016, after falling 1% during an overnight trading. Futures on the S&P 500 tumbled less than 0.1% to 1,407, while those on Nasdaq 100 dropped 0.4% to 2,649.

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Tue, 30 Oct 2012 14:48:13 GMT

German unemployment soars in October

The number of jobless individuals surged 20,000 on month in October as firms continued to cut costs via decreasing their labor force, the Federal Labor Agency reported on Tuesday. Economists had forecast a 10,000 rise after 12,000 increases in both September and August. On unadjusted basis, the number fell to 2.75 million from 2.79 million in September.

Tue, 30 Oct 2012 14:38:02 GMT

Italian bonds gain as debt sale meets max target

Italy's 10-year government notes rose on Tuesday, with the yield dropping from a two-week high, after the country reached its maximum target in an auction of 7 billion Euro of debt. The 1-year yields slipped 4 basis points to 4.98%, cutting three days of advance. The 5.5% note maturing in November 2022 added 0.28 to 104.5, while the 5-year yields

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