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Wall Street set to fall as oil slides; data eyed
NEW YORK (Reuters) - Wall Street was set to open lower on Friday as commodity prices eased and investors looked ahead to key consumer confidence data for insight into prospects for the recession easing.
Reuters

Miners down as profit takers strike
A subdued close on Wall Street last night ensured a quiet start to trading in London although some sharp movements in banking stocks enlivened proceedings. As the FTSE 100 opened off 1.44 point...
BBC

Stock futures mixed as oil falls, dollar firms
Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures down 0.3 percent by 6:00 a.m. ET.
Reuters

Stocks set for cautious open
LONDON (CNNMoney.com) -- U.S. stock were set for a cautious start Friday as investors moved to the sidelines after pushing Wall Street to multi-month highs the previous session.At 5:11 a.m. ET, Dow Jo...
bignewsnetwork.com

Nikkei hits eight-month high on Wall Street`s rise - Summary
Tokyo - Tokyo stocks ended higher Friday, sending the benchmark Nikkei 225 Stock Average to an eight-month high, after optimism over an economic recovery boosted Wall Street overnight. The Nikkei inde...
India Gazette

WORLD FOREX: Dollar Gains Ground As G8 Looms - Wall Street Journal
RTT NewsWORLD FOREX: Dollar Gains Ground As G8 LoomsWall Street JournalBy Gary Stride Of DOW JONES NEWSW IRES LONDON (Dow Jones)--The dollar has clawed itself back from one-week lows against the majors Friday as players trim positions just in case the Group of Eight leading nations' finance ministers spring any surprises ...WORLD FOREX: Dollar Abandoned For Higher Yielding Assets Wall Street JournalWORLD FOREX: Dollar Falls More As Treasury Yields Decline Wall Street JournalWORLD FOREX: Dollar Extends Losses; Euro Tops 1.41 Wall Street JournalWall Street Journal - Wall Street Journalall 94 news articles
Info 5000

FOCUS:China Trials Central Counterparty In Forex Spot Market - Wall Street Journal
FOCUS:China Trials Central Counterparty In Forex Spot MarketWall Street JournalBy Denis McMahon SHANGHA I (Dow Jones)--As the US and European Union move toward having central counterparties clear over-the-counter derivative products, China is making similar changes to its foreign exchange spot market, a move which could help ...
Info 5000

Stock futures trading in narrow range
Stock futures are trading in a narrow range as investors weigh recent signs of economic recovery and potential concern about inflation. Investors get a new reading on consumer sentiment Friday morning. Growing consumer confidence is important to a recovery... Sponsored Topics: Wall Street - Asia - Business - Oil Prices - Futures contract
SF Gate

Major Indexes Aimed for Flat Start
News at a Glance Money-Back Guarantee: TARP repayments to begin next week. Woah, Nellie: Fed to slow asset portfolio expansion. Flat Heading: Major indexes appear set to open unchanged. Barclays Shrinks: BlackRock to buy BGI for $13.5 billion. The Lowdown Wall Street is idling in the run-up to the last session of a volatile week. Stocks looked to open fairly flat Friday, as traders awaited the latest reading of the Consumer Sentiment Index. Shortly before 7 a.m., Dow, Nasdaq and S&P 500 futures were traded right around fair value. The June reading of the Consumer Sentiment Index is scheduled to be released just before 10 a.m. Economists are predicting an improvement in consumer mood, which would seem to follow logically as retail sales have made a comeback and the housing sector has shown signs of at least nearing a bottom. In finance, several firms will kick off the process of repaying loans taken out as part of the government's Troubled Asset Relief Program as soon as next Wedn
Smart Money

IRS Seeks to Simplify Workers` Cellphone Tax Law
In the late 1980s, the image of millionaire Gordon Gekko strolling along a beach with a brick-sized cellphone to his ear in the movie 'Wall Street' was the epitome of wealth and excess. Congress passed a law requiring the value of employer-issued cellphones to be included in workers' gross income...
Market Watch

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