Stocks
U.S. Stock Futures Drop on Concern Inflation to Force China to Raise Rates U.S. stock futures fell, indicating
the Standard & Poor’s 500 Index will pare this week’s rally, as
higher-than-estimated inflation in China spurred speculation the
nation will be forced to raise interest rates.
European Stocks Decline, Led by BHP Billiton, Lagardere; Volkswagen Gains European stocks declined from a
seven-week high as U.S. jobless claims fell less than forecast
and basic-resource producers retreated on speculation rising
inflation will prompt China to pare back stimulus measures.
Biggest Rally in 76 Years Not Dead Yet as Seers See More to Come for Obama Laszlo Birinyi will never forget
the moment a year ago when the last ounce of confidence
disappeared. Everyone from billionaire Warren Buffett to New
York University Professor Nouriel Roubini was convinced that the
economy was in a free-fall, that exploding deficits would
devastate the dollar and that home prices were heading down as
much as 20 percent.
AIG, Bed Bath & Beyond, CA, Citigroup, Devon, Yahoo!: U.S. Equity Preview Shares of the following companies
may have unusual moves in U.S. trading. Stock symbols are in
parentheses. Prices are as of 8:45 a.m. in New York.
Bovespa Futures Fall as Economy Grows Less Than Forecast, Commodities Drop Bovespa stock-index futures dropped
after the government reported that Brazil’s economy grew less
than forecast in the fourth quarter.
NAL, Norbord, Paramount Energy, Savanna Energy: Canadian Equity Preview Shares of the following companies
may have unusual moves in Canadian trading. Stock symbols are in
parentheses.
Stock Momentum Measure Signals Additional Gains Ahead: Technical Analysis The yearlong rally in the U.S.
market has pushed the number of stocks showing unusually strong
momentum to the highest level at least since 1994, a sign that
more gains may come, according to Concept Capital.
U.K.'s FTSE 100 Index Declines, Led by Mining Companies; Home Retail Gains U.K. stocks retreated from the
highest level in 21 months as mining companies declined with
base-metal prices on concern China may take further steps to
cool its economy.
German Stocks Decline After U.S. Data; DAX Falls 0.3% as Bayer, K+S Fall German stocks declined after
reports showed the U.S. trade deficit unexpectedly narrowed in
January and the number of Americans filing first-time claims for
jobless benefits fell for a second week.
French Stocks Decline; Lagardere, CFAO, Haulotte Drop as Boiron Advances France’s CAC 40 Index declined
16.28, or 0.4 percent, to 3,927.27 at 1:35 p.m. in Paris. The
SBF 120 Index also dropped 0.4 percent.
Benelux Stocks: ArcelorMittal, Grontmij, Hunter Douglas, Omega Pharma Move The Amsterdam Exchanges Index fell
0.46, or 0.1 percent, to 340.51, as of 11:04 a.m. local time.
The gauge has risen 0.6 percent so far this week, heading for a
second straight weekly advance. Belgium’s Bel20 Index lost
14.98, or 0.6 percent, to 2,619.18, paring yesterday’s 1.1
percent gain.
Swiss Equities: Gerberit, Holcim, Implenia, Meyer Burger Technology Move The Swiss Market Index fell 0.4
percent to 6,846.39 at 2:39 p.m. in Zurich. The broader Swiss
Performance Index slipped 0.3 percent to 5,958.02.
Asian Stocks Rise on Outlook for Japanese Economy; BHP Billiton Declines Asian stocks rose, sending the MSCI
Asia Pacific Index toward a seven-week high, as speculation
Japan’s economy is recovering outweighed concern China will pare
back measures that spurred growth.