U.S. oil futures end slightly higher

West Texas Intermediate oil futures for March delivery ended a choppy session slightly higher. Crude erased an early rally to bounce between small gains and losses after weekly government data showed a rise in inventories for U.S. crude, gasoline and distillates and Saudi Arabia's finance minister was quoted as saying the country wasn't prepared to cut production. March crude settled at $30.77 a barrel, gain of 11 cents, or 0.4%. Source:...

Gold Ends Sharply Higher as Stock Rally Falters

Gold futures stormed higher Thursday, as U.S. stocks struggled to rally after registering three straight days of gains. April gold closed $14.90, or 1.2%, higher at $1,226.30 an ounce. The advance for the yellow metal comes about 24 hours after minutes from the Federal Reserve indicated that the U.S. central bank is concerned about the slowdown in the global economy-a position that could be supportive for gold prices since it implies...

Hong Kong Stocks Climb, Tracking Rebound in Global Markets (Riview)

Hong Kong stocks climbed more than 2 percent on Thursday, aided by a surge in energy shares, following overnight gains in U.S. and European equities and a jump in oil prices.The Hang Seng index ended up 2.3 percent at 19,363.08 points, while the China Enterprises Index gained 3.0 percent to 8,166.47.The energy sector surged 4.3 percent, with Chinese oil giants PetroChina, CNOOC and Sinopec posting sharp gains.Source : Reuter...

U.S. Stocks Decline After Strongest Three-Day Rally Since August

U.S. stocks declined following the Standard & Poor’s 500 Index’s strongest three-day advance in almost six months, as banks, technology and consumer shares lost momentum after bolstering the rally. The S&P 500 slipped 0.5 percent to 1,917.79 at 4 p.m. in New York, halting a winning streak after the gauge’s 1.7 percent climb on Wednesday capped its first three-day gain of the year. The Nasdaq Composite Index fell 1 percent as...

U.S. Stocks Pare Slide as Oil Rebounds, Energy Shares Trim Drop

U.S. stocks pared a retreat as energy shares trimmed declines amid a rebound in oil prices, while banks pulled back from their best rally in more than five years. The S&P 500 slipped 0.2 percent to 1,923.03 at 12:06 p.m. in New York, after losing as much as 0.6 percent. The gauge’s 1.7 percent rally on Wednesday capped its first three-day gain of the year. Equities lost momentum Thursday after recent gains that have come just as...