U.S. orders for durable goods slipped 0.1% in August, while orders for core capital goods, which exclude the volatile defense and transportation sectors, rose 1.1%, the Commerce Department said.
Indications: U.S. stock futures gain; Europe crisis in focus
U.S. stock futures pointed to a slightly higher start for Wall Street Wednesday, as Finland’s parliament approved changes to the euro-zone bailout fund and as investors eyed the latest durable-goods data.
See Indications.
Europe Markets: European stocks waver
European stock markets swung between small gains and losses as defensive stocks rose, while Man Group tumbled after reporting a sharp decline in assets under management.
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London Markets: London mostly lower; Man Group tumbles
London stocks remained choppy in afternoon trading, drifting lower as mining stocks fell. Man Group shares slumped after a trading update.
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Asia Markets: Asia stocks struggle as Europe debt woes weigh
Japanese and Australian stock markets posted gains, but Chinese and Korean markets closed lower, as concerns about Europe’s ability to tackle its debt problems keeps buying sentiment in check.
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Currencies: Dollar weakens; euro rallies on Greek talks
The U.S. dollar weakened versus most major rivals, while the euro extended a rally as the troika returns to Greece.
See Currencies.
Metals Stocks: Calm returns to gold market after big swings
Gold and silver futures held broadly steady as analysts said the recent sharp falls are helping to bring emerging-market buyers back into the market.
See Metals Stocks.
