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Last update: Sat, 01 Oct 2016 01am

Americas

Markets - Equity - Americas

Bargain buying rallies CME live cattle, hog CHICAGO: Chicago Mercantile Exchange live cattle futures on Wednesday posted their biggest daily gain in a month, fueled by short-covering and bargain buying after recent market losses, traders said.October live cattle ended 2.400 cents per pound higher at 102.425 cents, and December up 2.275 cents at 104.200 cents.Investors may be anticipating a summer seasonal bottom in cattle prices that typically move higher heading into the fall when meat demand tends to pick up, said AgriVisor Services analyst Dale Durchholz.Until then, wholesale beef prices could struggle as consumers transition from grilling cuts to items more favorable for cooking indoors, he said.Wednesday morning's choice beef price jumped $1.60 cents per cwt from Tuesday to $191.88. Select cuts slumped $2.19 to $184.34, according to the US Department of Agriculture.Last week, packers in the US Plains paid mostly $110 to $111 for market-ready, or cash, cattle that were down $4 to $5 from the ...

Markets - Equity - Americas

US stocks flat ahead of Apple launch, Fed report NEW YORK: US stocks were little changed early Wednesday ahead of Apple's expected launch of a new iPhone and the Federal Reserve's "Beige Book" report assessing economic conditions around the country.Apple shares were flat a few hours before the San Francisco event, which could also see the introduction of a second-generation smartwatch.About 35 minutes into trade, the Dow Jones Industrial Average was at 18,524.94, down 0.1 percent.The broad-based S&P 500 lost less than 0.1 percent ...

Markets - Equity - Americas

US stocks rise on Enbridge, GE acquisitions NEW YORK: Wall Street stocks rose early Tuesday, lifted by merger announcements, including Canadian pipeline company Enbridge's acquisition of Spectra Energy in an all-stock deal valued at $28 billion.The Enbridge deal will create an network of oil and gas pipelines serving most of Canada and the United States. Spectra surged 10.7 percent, while Enbridge advanced 4.2 percent.About 30 minutes into trade, the Dow Jones Industrial Average stood at 18,510.52, up 0.1 percent.The broad-based S&P 500 ...

Markets - Equity - Americas

Latam stocks mostly rise on thin trading volumes SAO PAULO: Most Latin American stocks inched up on Monday, supported by higher crude prices and expectations of low US interest rates, though trading volumes were thin due to the Labor Day holiday in the United States.Surprisingly weak US jobs data cast doubt on Friday over the possibility of rate hikes this year, boosting demand for high-yielding emerging market assets.The figures seemed to contradict recent comments by key Federal Reserve policymakers, who have repeatedly stressed ...

Markets - Equity - Americas

US stocks open higher after middling jobs report NEW YORK: Wall Street shares opened higher Friday after the much-awaited US jobs report for August came in a slight disappointment, not clearly strong enough to support a Federal Reserve rate increase.Markets took the lower-than-expected 151,000 jobs created last month -- compared to the 190,000 average of the previous three months -- as not weak enough to clearly deter the Fed from hiking rates at its September 20-21 meeting, but not strong enough to push ...

Markets - Equity - Americas

US stocks push higher after middling jobs report NEW YORK: Wall Street shares gained in early trade Friday after the much-awaited US August jobs report came in under forecasts, not clearly strong enough to support a Federal Reserve rate increase.Markets took the lower-than-expected 151,000 jobs created last month -- compared to the 190,000 average of the previous three months -- as not weak enough to clearly deter the Fed from hiking rates at its September 20-21 meeting, but not strong enough to push ...

Markets - Equity - Americas

US stocks hold steady ahead of August jobs report NEW YORK: US stocks recouped early losses to end little-changed Thursday ahead of the August jobs report that could tip the Federal Reserve's hand on interest rates.Unemployment insurance claims remained low and pointed to continued firmness in the jobs market, and could presage a solid report on US job creation last month on Friday.But optimism was dulled when the Institute of Supply Management reported that the US manufacturing sector contracted last month, based on its ...