Global Markets News

Wall Street gains on data, rising oil prices

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NEW YORK - Stocks rose on Wednesday as stronger-than-expected economic data helped lift energy stocks, overshadowing concerns a European Union summit will not yield tangible progress in easing the debt crisis. | Video

Global stocks up on U.S. data, oil; euro slips pre-summit

NEW YORK - Stocks rose on major world markets on Wednesday after encouraging U.S. data and a rally in crude oil prices, but the euro slipped ahead of a European summit seen as unlikely to produce a credible solution to the region's debt crisis.

5:20pm EDT

Oil tops $93 on Norway strike, drop in U.S. crude stocks

NEW YORK - Crude oil futures rose on Wednesday as tighter North Sea supplies and strong U.S. economic data put on the back burner concerns that a European summit would do little to solve the region's debt crisis.

3:20pm EDT

Gold edges up ahead of EU summit, trading quiet

NEW YORK - Gold edged up in quiet trading on Wednesday, as many bullion investors stayed on the sidelines awaiting news from a European Union summit to address the region's debt crisis.

3:57pm EDT

Euro falls for 3rd straight day on eve of EU summit

NEW YORK - The euro fell for a third day against the dollar on Wednesday on the eve of a European Union summit as investors bet the talks will fail to deliver new measures to ease the region's debt crisis.

4:09pm EDT

FTSE up, snaps losing streak as U.S. data pleases

LONDON - Britain's leading shares bounced back on Wednesday, snapping a four-session losing streak, with commodity and banking stocks squeezed higher as worries over the global growth outlook were eased by some upbeat U.S. data.

12:03pm EDT
World Markets

UPDATE 1-Wendy's forecasts higher 2nd-qtr same-store sales growth

June 27 - Wendy's Co forecast higher quarterly same-store sales in its North American stores as new products and advertising drove customers to the second-largest U.S. hamburger chain.

Stocks, 6:10pm EDT

UPDATE 1-UK Stocks-Factors to watch on June 27

LONDON, June 27 - Britain's FTSE 100 index is seen opening up 22 to 24 points, or as much as 0.4 percent, on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

Stocks 2:37am EDT

European shares rally on US data, EU summit looms

LONDON, June 27 - European shares rebounded on Wednesday after a recent steep sell-off, with upbeat U.S. data boosting demand, though doubts a European summit will provide solutions to the euro debt crisis may cap future gains.

Nikkei snaps 3-session of loss, led by housing stocks

* Construction and real estate sectors outperform * Ex-div day for Canon, Honda, others By Dominic Lau TOKYO, June 27 - Japan's Nikkei average broke a three-session losing run on Wednesday, as investors snapped up construction and real estate shares on expectations they will benefit from a surge in housing demand ahead of a sales tax increase in 2014. The construction and real estate sectors were also likely to be more insulated from further fallout from the euro zone

RPT-Hong Kong shares rise, China fails to hold onto gains

HONG KONG, June 27 - Hong Kong shares outperformed most Asian peers on Wednesday, helped by robust earnings from a jewellery retailer and hopes for investor-friendly policy moves ahead of the 15th anniversary of Hong Kong's return to China.

Industrials, Financials 5:16am EDT

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DOW 12,627.01 +92.34 +0.74%
S&P; 500 1,331.85 +11.86 +0.90%
NASDAQ 2,875.32 +21.26 +0.74%
TR US Index 120.37 +1.09 +0.91%
EUR/USD 1.2467 +0.00%
GBP/USD 1.5566 +0.01%
USD/JPY 79.720 +0.05%
Gold 1,578.40 +3.50 +0.22%
Oil 80.21 +0.85 +1.06%
Corn 649.50 +3.50 +0.54%