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  • WASHINGTON, Feb 10- U.S. wholesale inventories barely rose in December, the latest suggestion that fourth-quarter growth could be revised lower. Wholesale inventories edged up 0.1 percent as lower crude oil prices weighed on the value of petroleum stocks, the Commerce Department said. U.S. stocks were trading higher on hopes of a deal in Greece's debt...

  • WASHINGTON, Feb 10- U.S. wholesale inventories barely rose in December, the latest suggestion that fourth-quarter growth could be revised lower. The Commerce Department said on Tuesday wholesale inventories edged up 0.1 percent as lower crude oil prices weighed on the value of petroleum stocks. Stocks at wholesalers had increased by an unrevised 0.8 percent...

  • MELBOURNE, Feb 10- London copper edged up on Tuesday, tracking oil's recent recovery, but gains are likely to be capped due to worries about Chinese demand worries as businesses wind down ahead of the Lunar New Year holidays next week. Prices are rebounding from 5-1/ 2 year lows of $5,339.50, hit on Jan 26, but are not expected to gain steam until after Lunar New Year,...

  • *U.S. crude futures for March delivery lost 38 cents at $52.48 a barrel as of 0018 GMT after the contract finished up $1.17, or 2.3 percent, at $52.86 in the previous session. *In the prior session benchmark Brent oil futures for March settled up 54 cents, or nearly 1 percent, at $58.34 a barrel, after rallying to $59.61 at one point. *A poll of five analysts was taken ahead of...

  • SINGAPORE, Feb 10- Gold clung to small overnight gains on Tuesday as worries over Greece's future in the euro zone and a decline in global equities supported the safe-haven metal. *Bullion got a boost on Monday as stock indexes worldwide slipped on fears over Greece and concerns over conflict in Ukraine. President Barack Obama signalled on Monday he will wait for...

  • WASHINGTON, Jan 9- U.S. wholesale inventories recorded their largest increase in seven months in November and October's stocks were revised higher, leading economists to sharply raise their fourth-quarter growth estimates. The Commerce Department said on Friday wholesale inventories rose 0.8 percent, despite an energy price-related decline in the value...

  • *Bed, Bath& Beyond stumbles after results, outlook. NEW YORK, Jan 9- U.S. stocks fell in Friday afternoon trading after of a two-day rally as investors assessed a monthly payrolls report that gave mixed signals on the economy and energy stocks fell alongside another drop in crude prices. "I don't necessarily think the wage decline is such a big deal but what it does tell...

  • *Bed, Bath& Beyond stumbles after results, outlook. Nonfarm payrolls rose in December, topping Wall Street expectations while November's surprising gain was also revised higher. But the one really puzzling thing is the lack of any wage growth and in fact, wage decline, in December, "said David Kelly, chief global strategist for JPMorgan Funds in New York.

  • *Bed, Bath& Beyond stumbles after results, outlook. NEW YORK, Jan 9- U.S. stocks edged lower on Friday, after a two-day rally in equities put the S&P 500 back in positive territory for the new year as investors assessed a stronger-than-expected monthly payrolls report. "What we are seeing is a tug of war between the worries about slowing global growth and whether...

  • WASHINGTON, Jan 9- U.S. wholesale inventories recorded their largest increase in seven months in November and October's stocks were revised higher, suggesting restocking may boost fourth-quarter growth. The Commerce Department said on Friday wholesale inventories rose 0.8 percent, despite an energy price-related decline in the value of petroleum stocks.

  • MELBOURNE, Jan 9- London copper rose a touch on Friday, but remained near 4-1/ 2 year lows and was set to chalk up a fourth weekly loss on ongoing worries about demand from top consumer China and fragile growth in Europe. *LME copper prices hit a 4-1/ 2 year trough at $6,091.50 a tonne on Wednesday and analysts and traders say they expect prices to slide through the $6,000...

  • SINGAPORE, Jan 9- Gold was little changed on Friday ahead of a key U.S. jobs report, but the metal was set to post its first weekly gain in four on safe-haven bids amid political uncertainty in Greece. *Spot gold was steady at $1,209.60 an ounce by 0034 GMT, below a three-week high of $1,222.40 reached on Tuesday. *The metal has gained 1.7 percent so far this week, snapping a...

  • WASHINGTON, Dec 10- U.S. economic growth was likely stronger in the third quarter than previously reported, according to data on Wednesday that showed spending on services expanding at a brisk clip. "This increased services spending suggests there is greater traction in the economy than was previously assumed and that despite global growth concerns, domestic...

  • WASHINGTON, Dec 10- The U.S. economy likely grew at a much stronger pace in the third quarter than previously reported, as data on Wednesday showed spending on services expanding at a brisk clip. The Commerce Department's quarterly services survey, or QSS, showed services outlays increased much more vigorously than the government had assumed when it published...

  • METALS-Copper edges down after short-covering rally Tuesday, 9 Dec 2014 | 8:39 PM ET

    SYDNEY, Dec 10- London copper prices slipped on Wednesday from two-week highs hit the session before, after a short-covering rally lost momentum and ahead of China inflation data later in the day. *Three-month copper on the London Metal Exchange had slipped 0.4 percent to $6,454 a tonne by 0109 GMT, eroding 1.2- percent gains from the previous session when it...

  • WASHINGTON, Dec 9- U.S. wholesale inventories rose more than expected in October, prompting some economists to raise their growth forecasts for the fourth quarter. The Commerce Department said on Tuesday wholesale inventories increased 0.4 percent, despite an energy price-related decline in the value of petroleum stocks. Barclays raised its...

  • US STOCKS-Global demand worries drag Wall St lower Tuesday, 9 Dec 2014 | 11:30 AM ET

    NEW YORK, Dec 9- U.S. stocks were sharply lower on Tuesday as investors shunned risk over concerns about the impact of lower oil prices on the global economy and political turmoil in Greece. "You've seen some real volatility in everything from energy to currencies and it's had a bit of a spillover effect on the market as people try to think about the impact of these...

  • WASHINGTON, Dec 9- U.S. wholesale inventories rose more than expected in October, which could prompt economists to raise their growth forecasts for the fourth quarter. The Commerce Department said on Tuesday wholesale inventories increased 0.4 percent after an upwardly revised 0.4 percent gain in September. Economists polled by Reuters had expected stocks...

  • LONDON, Dec 9- Aluminum dropped to multi-month lows in London and Shanghai on Tuesday on concerns over excess supply while other base metals fell ahead of expected weak economic data from top metals consumer China. "We could see some headlines today or tomorrow from the conference," said Xiao Fu, head of commodity market strategy at Bank of China International in...

  • SYDNEY, Dec 9- Shanghai aluminum plumbed its lowest level since March on Tuesday as growing overcapacity and the shaky outlook for Chinese demand curbed buying that had already begun to wane towards year-end. "Supply is growing steadily, with new capacity and idled plants," said analyst Paul Adkins of consultancy AZ China in Beijing. The most traded February...