Wheat slips to 8-month low on weather expectations

Source: Bloomberg
Wheat futures for May settlement were lower by 0.5% to $7.1225 per one bushel in the very beginning of Chicago trading session on Monday. Wheat dropped to an eight month low as investors speculate that snowstorm will help to ease drought situation in the U.S. Great Plains, before crops arise from dormancy. Currently the winter wheat are very poor condition as drought period was longer than on average.
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Mon, 25 Feb 2013 15:16:36 GMT

S&P 500 climbs on Friday as investors alley amid Fed's announcement

U.S. shares were bullish on Friday, supported by sound results from Hewlett-Packard Co. In addition, concerns over Federal Reserve's Policy faded. The S&P Index rallied 0.88%, yet posting a 0.3% decline on the week. All sectors in the gauge edged higher. Hewlett-Packard took the market leader position with its shares jumping 12.3% to $19.20 after the PC maker posted strong

Mon, 25 Feb 2013 12:17:04 GMT

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