Oil market awaits this week’s update on U.S. petroleum supplies Oil futures fall ahead of the release of weekly crude inventory figures, with a fall in U.S. consumer confidence feeding concerns over energy-demand prospects and helping to push prices below $104 a barrel. Open 22 MINS AGOMARKETS Dollar up versus euro, yen as Fed meets The U.S. dollar edges higher against major rivals, including moving off its one-month low against the Japanese yen, as the Federal Reserve prepares to start a two-day monetary-policy meeting. Open 28 MINS AGOMARKETS Tuesday’s movers: Mosaic Co., Goodyear A July 30 story published by MarketWatch gave the incorrect direction for Mosaic Co.’s shares. They fell 25% in premarket trade. The story has been corrected. Open 29 MINS AGOMARKETS Tuesday’s movers: Mosaic Co., Goodyear Shares of Goodyear Tire & Rubber Co. surged Tuesday, while shares of The Mosaic Co. posted losses. Open 39 MINS AGOUPDATE SanDisk falls as Goldman downgrades to neutral SAN FRANCISCO (MarketWatch) — Shares of SanDisk Corp. slipped 2.3% to $54.14 after the maker of flash memory products was downgraded to neutral by Goldman Sachs. In a note to clients, analyst James Schneider cited his belief that “greater NAND supply may be added in the next few quarters than we previously assumed, which could drive meaningful near-term price declines.� He also said SanDisk’s shares are “correlated to gross margins, and we think gross margins are likely to peak in 2H13 given price compression and slower cost reductions in this timeframe.� He also noted that the stock — up 27% since the first of the year — is within 14% of his $65 price target, leaving “limited upside� for the shares. 47 MINS AGOMARKETS Gold futures fall as market awaits Fed Prices pare losses after fall in July U.S. consumer confidence Gold futures inch lower as the Federal Reserve prepares to kick off its policy meeting. Open 52 MINS AGOMARKETS Treasurys rise ahead of Fed statement Treasury prices move higher Tuesday after data showed U.S. consumer confidence fell more than expected. Open 57 MINS AGOUPDATE CommVault surges on results; aiming for new high Permalink Facebook Twitter SAN FRANCISCO (MarketWatch) — CommVault shares jumped more than 10% to $85.74 on Tuesday morning after the maker of enterprise data storage technology reported results for its first fiscal quarter that beat Wall Street’s targets. The shares are up nearly 23% since the first of the year and could set a new closing high compared to the previous record of $84.20 on March 14. Before the opening bell, the company reported $134.4 million in revenues and adjusted earnings of 40 cents per share. Analysts had been expecting adjusted earnings of 35 cents per share on revenue of $132.2 million, according to Thomson Reuters. No forecast was given in the report.

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