Tuesday, June 2, 2009

Markets pm: Wall Street muted in early trade, Barclays leads FTS...


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Financial Times
Markets afternoon briefing
Tuesday June 02 2009

FT.com - Financial Markets News
 
Wall Street muted in early trade
US stocks posted slight losses on Tuesday morning, after the sharp rally of the previous session, as investors awaited latest data on the economy and responded to news that General Motors, which filed for bankruptcy, will sell off its Hummer brand this year
http://link.ft.com/r/YIQXNN/BBB9D/VHMAI/EGAX8/EOLYJ/6C/h
 
Barclays leads FTSE lower
Banks pulled London equities into negative territory after confirmation of the sale of a large stake in Barclays, but better news from the high street helped retailers but the brake on the losses
http://link.ft.com/r/YIQXNN/BBB9D/VHMAI/EGAX8/EOLYR/6C/h
 
Swedish krona hit by Latvia debt fears
The Swedish krona came under pressure on Tuesday as concerns over the country's exposure to problems in the Baltic region intensified.
http://link.ft.com/r/YIQXNN/BBB9D/VHMAI/EGAX8/N5CNB/6C/h
 
Commodity markets stage modest pullback
Commodity markets pulled back, pausing for breath after a strong rally on Monday that lifted oil prices, copper and agricultural commodioties to multi-monh highs
http://link.ft.com/r/YIQXNN/BBB9D/VHMAI/EGAX8/4P9A5/6C/h
 
Bourses pause for breath as rally fades
Airline stocks were in focus on European equities markets on Tuesday, after news of sharply lower profits at Ryanair pressured its shares.
http://link.ft.com/r/YIQXNN/BBB9D/VHMAI/EGAX8/QXAUO/6C/h
 
Asia rally brings out profit-takers
Hong Kong led a drop in some of the major Asia-Pacific markets, as investors took the opportunity to lock in profits after markets hit multi-month highs
http://link.ft.com/r/YIQXNN/BBB9D/VHMAI/EGAX8/L7ORU/6C/h
 
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