U.S. stocks almost unchanged after consumer sentiment report

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Source: WBP Online

U.S. stocks gained little after the University of Michigan published consumer sentiment data for July. S&P 500 advanced 0.07% to 1,676.13 at 2:20 p.m. GMT, and Dow Jones Industrial Average rose 0.17% to 15,488.29. The consumer confidence report showed a decline to 83.9 from 84.1 in June, while experts' forecast was a climb to 84.7.

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Fri, 12 Jul 2013 17:38:07 GMT

Dollar stays stronger after disappointing confidence report

The U.S. Dollar gained against its major trading partners today despite lower-than-expected U.S. consumer sentiment. The greenback appreciated 0.31% to $1.3055 versus the 17-nation currency as Euro zone's industrial output data were negative. Versus the Japan's currency, it gained 0.29% to 99.23 on decision of Bank of Japan to maintain stimulus unchanged.

Fri, 12 Jul 2013 17:16:05 GMT

WTI crude rises as Dollar strengthens

WTI futures rose after yesterday's decline as the greenback strengthened today. WTI futures for settlement in August gained 0.42% to $105.36 a barrel, while futures of Brent crude advanced 0.50% to $108.27 a barrel. Oil fell yesterday after a disappointing U.S. labour market report that showed unemployment insurance claims increased by 24,000.

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