The turmoil in Ukraine could trigger a market correction, says Kenny Polcari. But don't let that scare you. Just pay attention.» Read More
TOKYO, Feb 27- U.S. crude oil dipped early on Thursday after rising the previous day when the contract was supported by a surprisingly small build in crude inventories. *U.S. crude futures for April delivery were down 28 cents at $102.31 a barrel by 0000 GMT, after finishing 76 cents higher on Wednesday.
*Target and Lowe's rally after results. *J.C. Penney shares jump after the bell. Target Corp and Lowe's Cos Inc shares jumped following upbeat earnings and gave the biggest boosts to the S&P 500. An S&P 500 retail index gained more than 1 percent for a second day.
*U.S. warns Russia it would be' grave mistake' to intervene militarily in Ukraine. Traders said the move was a bit of a puzzle but pointed to heightened tensions in Ukraine and an unexpectedly upbeat report on U.S. new home sales as supporting the greenback.
*Target and Lowe's rally after results. Target Corp and Lowe's Cos Inc shares jumped following upbeat earnings and gave the biggest boosts to the S&P 500. An S&P 500 retail index gained more than 1 percent for a second day.
Yellen testifies before the Senate Banking Committee Thursday and if she decides to stop using the weather as an excuse for a down economy, watch out.
NEW YORK, Feb 26- U.S. stocks ended nearly flat on Wednesday with investors hesitant to make a big move on the day before comments from Federal Reserve Chair Janet Yellen, though shares of retailers rallied for a second consecutive session. The Dow Jones industrial average rose 18.75 points or 0.12 percent, to end unofficially at 16,198.41.
*Target and Lowe's rally after results. Shares of retailers Target Corp and Lowe's Cos Inc rose, giving the S&P 500 its biggest boosts.
Art Cashin of UBS Financial Services explains how some economic data kept the stock market afloat.
CNBC's Patti Domm explains why the markets really care about what Janet Yellen has to say about the weather.
Putin's war games in Ukraine and a government report showing new housing sales at five-year highs both boosted the greenback on Wednesday.
*Ruble hits five-year low on Ukraine fallout. NEW YORK, Feb 26- World stocks markets edged lower on Wednesday, stung by growing worries over some emerging markets grew as escalating tensions in the Ukraine sent the Russian ruble to a five-year low, while equities on Wall Street rose.
On Thursday, Yellen could tell the market something about the Fed's next move.
Recent economic data prompted Fed president Eric Rosengren to say the Fed should be patient with monetary easing.
*Ruble hits five-year low on Ukraine fallout. NEW YORK, Feb 26- World stocks markets were flat on Wednesday as worries about some emerging markets grew as the Russian ruble hit a five-year low as tensions escalated in Ukraine, while equities on Wall Street rose.
Sen. Pat Toomey, (R-PA), discusses the House GOP's plans for tax reform and addresses job creation. "One of the biggest obstacles to growth is Washington DC," Toomey says.
NEW YORK, Feb 26- The dollar rose to its highest in two weeks against a basket of major currencies on Wednesday, as investors sought the greenback's safety on continued geopolitical tensions in Russia and Ukraine.
*Target and Lowe's rally after results. NEW YORK, Feb 26- U.S. stocks were mostly flat on Wednesday as, for a third straight session, equities were unable to hold onto gains that took the S&P 500 near record levels.
*Rouble hits five-year low on Ukraine fallout. LONDON, Feb 26- Worries grew on Wednesday that investors were backing away from some of the world's key emerging markets, as Russia's rouble hit a five-year low the day after China's yuan saw its biggest drop in three years.
*Gold up 11 percent this year. LONDON, Feb 26- Gold retreated from earlier four-month highs on Wednesday as the dollar firmed, but was still seen benefitting from uncertainty over China's economic policies and worries about the U.S. recovery in the short term.
*S&P 500 has been unable to close at a record this week. NEW YORK, Feb 26- U.S. stock index futures pointed to a slightly higher open on Wall Street Wednesday, indicating the S&P 500 would again make a run at record levels that have been serving as resistance.