Gina Martin Adams expects the market to close the year 5 percent lower—but she says it could get much worse than that.» Read More
CNBC's Bob Pisani explains why emerging market economies are turning around and growing more aggressively again, despite a lack of evidence to support a rally.
*U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23- Crude oil futures rose on Wednesday, as oil stockpiles in the United States fell more than expected and geopolitical tensions in Eastern Europe and the Middle East persisted.
WASHINGTON, July 23- A top official will leave the U.S. Commodity Futures Trading Commission to become the head of a banking group 10 days later in a spin through the revolving regulator-to-lobby-group door that is striking even by Washington standards.
*U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23 (Reuters)- Oil futures rose on Wednesday, with U.S. crude outpacing Brent, after oil stockpiles in the United States fell more than expected. Brent crude for September delivery was up 9 cents at $107.42 a barrel at 12:59 p.m. EDT ( 1659 GMT), after slipping 35 cents in the previous session.
The Futures Now team discusses the reason interest rates are so low and the likely next stop for bonds.
CRUDE FUTURES HOLD GAINS AFTER EIA REPORT OF 4- MLN-BARREL DRAW IN INVENTORIES.
Whirlpool missed profit and revenue expectations by a wide margin, and cut their full year forecast.
WASHINGTON/ HONG KONG, July 23- A member of the U.S. Commodity Futures Trading Commission will become the new head of a bank lobby group that is fighting the derivatives regulator in court over a crucial new rule curtailing Wall Street.
*Microsoft sees end to Nokia losses, shares rise. NEW YORK, July 23- U.S. stock index futures edged up on Wednesday, boosted by bullish earnings from companies like Microsoft and Boeing, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence.
July 23- The International Swaps and Derivatives Association, a financial industry lobby group, named Commodity Futures Trading Commission commissioner Scott O'Malia as chief executive.
Forget stocks, forget gold, because there is one commodity Dennis Gartman says every investor needs to own: aluminum.
What Apple and Facebook earnings will do for the tech sector, with CNBC's Jackie DeAngelis and the Futures Now Traders.
The world according to Gartman. Dennis Gartman on stocks, gold, and nat gas. What Gartman is buying, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Forget stocks, forget gold, because there is one commodity Dennis Gartman says every investor needs to own: aluminum. With CNBC's Jackie DeAngelis and the Futures Now Traders.
Are fresh records ahead? Earnings lift the markets, with CNBC's Jackie DeAngelis and the Futures Now Traders, Rich Ilczyszyn at the CME and Anthony Grisanti at the Nymex.
Cooler weather is deflating natural gas prices. The Futures Now team discusses the commodity play.
CRUDE FUTURES TO SECOND MONTH ABOVE $2/ BBL, HIGHEST SINCE JANUARY 2009.
NEW YORK, July 22 (Reuters)- Brent crude oil futures edged higher in choppy trading on Tuesday, as traders searched for direction amidst political tensions in Ukraine and Gaza, and U.S. prices were supported by expectations of a drop in national stockpiles.
Two big multi-national players turn in good--but not great--earnings, and may indicate a bigger trend.
NEW YORK, July 22- U.S. stock index futures rose on Tuesday as a cascade of earnings landed and inflation data was tame, while hopes rose for an easing of tensions in Ukraine.
ExxonMobil reported a stronger-than-expected profit on Thursday as higher prices for its crude and natural gas offset a 6 percent drop in production.
Gold held steady below $1,300 as optimism over U.S. economic growth curbed safe-haven appetite for the metal.
Brent crude fell towards $106 as higher OPEC output and disappointing demand outweighed tensions in the Middle East and Africa.