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  • NEW YORK, June 2- U.S. stocks rose on Tuesday helped by the dollar's decline and bond yields rose while investors searched for clarity on Greece's debt crisis. Athens faces a Friday deadline to repay 300 million euros to the International Monetary Fund. "It is all revolving around the climactic situation in Europe," said Ken Polcari, Director of the NYSE floor...

  • Business events scheduled for Wednesday Tuesday, 2 Jun 2015 | 1:52 PM ET

    WASHINGTON— Commerce Department releases international trade data for April, 8:30 a.m. Eastern. WASHINGTON— Institute for Supply Management releases its service sector index for May, 10 a.m.. WASHINGTON— Federal Reserve releases Beige Book, 2 p.m..

  • Shares of Delta Air Lines Inc. fell $1.11, or 2.5 percent, to $43.24 in trading Tuesday afternoon. Delta said that passenger revenue for every seat flown one mile dropped 5.5 percent last month compared with May 2014. The shares of major U.S. airlines fell last week but rallied on Monday after the CEO of Southwest Airlines Co. seemed to slightly scale back his...

  • LONDON, June 2- The chief executive of Aberdeen Asset Management, Martin Gilbert, said on Tuesday the bond market posed a systemic risk as and when interest rates rise, although he still hoped it would be a "damp squib". Gilbert also touched on several other leading sector topics including the potential impact on the industry should Britain vote to leave the...

  • LONDON, June 2- Greek shares fell on Tuesday on lingering uncertainty over the country's debt problems, while a rebound in the euro-- whose weakness has boosted German exporters-- pushed investors out of German stocks towards southern European bourses. Athens' benchmark ATG equity index retreated 1 percent, reflecting some investors' concerns over a lack of...

  • US STOCKS-Futures lower as Greece uncertainty weighs Tuesday, 2 Jun 2015 | 7:26 AM ET

    June 2- U.S. stock index futures were slightly lower on Tuesday, tracking European markets, as uncertainty lingered regarding the outcome of Greece's negotiations with creditors. *Greece must repay four loans totaling 1.6 billion euros to the International Monetary Fund this month, starting with a 300 million euro payment on June 5. *The leaders of Germany,...

  • *OPEC not expected to announce output cut this week. SINGAPORE, June 2- Crude oil prices rose on Tuesday due to firm demand after dipping in earlier trade on expectations that OPEC would not cut output at its meeting this week. "OPEC meets on Friday and is in no mood to cut output, Energy Aspects said on Tuesday.

  • *OPEC not expected to announce output cut this week. SINGAPORE, June 2- Crude oil prices edged up on Tuesday due to firm demand after dipping in earlier trade on expectations that OPEC would not cut output at its meeting this week. "OPEC meets on Friday and is in no mood to cut output, Energy Aspects said on Tuesday.

  • Investors were also following the latest economic news and negotiations between Greece and its creditors. A report from Europe showed that consumer prices are rising there for the first time in six months. PVH Corp., the company behind Calvin Klein and Tommy Hilfiger, was among the day's biggest winners.

  • Matt Zeller, director of market information at INTL FCStone said in a note to clients. Chicago Board of Trade soft red winter wheat for July delivery settled up 16-3/ 4 cents at $4.93-3/ 4 a bushel. K.C. July hard red winter wheat futures were 15-1/ 2 cents higher at $5.14-1/ 4 a bushel and MGEX July spring wheat was 17-1/ 4 cents higher at $5.48 a bushel.

  • *Intel falls on Altera buy, weighs on Nasdaq, Dow and S&P. *Microsoft jumps on report of German startup buy. "We're seeing a lot of counter trends in the market," said Rick Fier, director of trading at Conifer Securities in New York.

  • LONDON, June 1- European equities steadied at the close on Monday, with stronger real estate and healthcare offsetting weaker energy stocks, which tracked a sharp drop in crude oil prices. The STOXX Europe 600 real estate index gained 1.3 percent, with traders attributing the rise to a positive note by JP Morgan, raising its target price for stocks of companies...

  • LONDON, June 1- European equities rose in late trading on Monday, with Roche leading drug stocks higher following an encouraging company update and real estate shares getting some support from a positive sector note from JP Morgan. The STOXX Europe 600 real estate index rose 1 percent, with traders attributing the rise to a positive note by JP Morgan, raising it...

  • The biggest gainer in the S&P 500 was chip designer Altera, the target of a $17 billion cash offer by giant chip-maker Intel. Altera jumped $2.83 to $51.68, a 6 percent gain. In economic news, U.S. manufacturing growth accelerated in May for the first time in six months, propelled by more new orders and an increase in hiring, according to the Institute for Supply...

  • *Greece misses self-imposed Sunday deadline for debt deal. LONDON, June 1- Gold rose one percent on Monday, after a surprising unchanged reading in U.S. consumer spending and comments on interest rates from a Federal Reserve's official weighed on the dollar. Spot gold rose to a session high of $1,201.99 an ounce and was up 0.9 percent at $1,200.21 an ounce by 1412...

  • June 1- Molycorp Inc said it missed a $32.5 million interest payment on its senior secured notes, heightening concerns that the struggling rare earths miner could file for bankruptcy before the end of the month. Molycorp's shares fell as much as 21 percent in early trading. Molycorp, which reported a loss for the thirteenth straight quarter last month, had warned...

  • MOSCOW, June 1- Russia's rouble slumped on Monday and bonds fell after the central bank suspended its one-year forex repo auctions, another signal that policymakers are concerned that a recent rouble rally has gone too far. Moscow- listed shares, meanwhile, were mixed after dropping sharply on Friday, with the rouble-denominated MICEX index recovering but the...

  • LONDON, June 1- Equities will be the riskiest asset class this year and through the next decade, but will also offer the highest returns and attract the biggest allocation boost from investors, a poll predicted on Monday. The most bullish on stocks were UK investors, 74 percent of whom expect the market to rise this year. "Views of what constitutes risk vary within the...

  • *Roche, AstraZeneca gain on positive updates. LONDON, June 1- European shares held steady at the start of the month on Monday, with a rally in some drug stocks on the back of positive company updates offset by lingering concerns over Greece's debt situation and weaker commodity stocks. Drugmakers Roche and AstraZeneca, up 2.2 percent and 1 percent respectively,...

  • *Greece misses self-imposed Sunday deadline for debt deal. The dollar rose 0.5 percent versus a basket of leading currencies, mostly due to euro losses after Greece missed a self-imposed Sunday deadline for reaching an agreement with its lenders to unlock aid. "Greece does have a sway over the price developments of gold at the moment," Saxo Bank senior manager Ole...