Tuesday, September 4, 2012

Fed minutes, U.S. data, Netflix in focus

Indications: U.S. stock futures down; Fed minutes a focus

U.S. stock-market futures point to a softer start for Wall Street, with factory orders, March auto sales and minutes of the latest Federal Reserve policy meeting among the items in the spotlight for investors.

Read Indications

Chrysler posts best monthly sales in four years

Europe Markets: Europe stocks erase gains, banks fall

European stock markets turn lower in a choppy Tuesday session, as losses for banks weighed on sentiment, while gains for heavyweight Novo Nordisk AS prevented the pan-European index from falling further.

Read Europe Markets

Spain�s de Guindos: No room for error with budget

FTSE 100 gives up gains; resources and banks decline

Asia Markets: Asia stocks mostly rise; Japan misses out

Most Asian markets rallied overnight on signs of strength in a gauge of U.S. manufacturing, with Hong Kong stocks rebounding after a four-day losing streak. However, Japanese stocks decline on a strengthened yen.

Read Asia Markets

Metals: Gold inches lower; silver, copper in retreat

Gold prices trade slightly lower, falling along with the broader commodities market after two sessions of gains.

Read the MarketWatch roundup on the Metals market.

Bonds: Treasurys advance before Fed minutes

Treasury prices are on the rise, pushing down on yields, ahead of the release of the minutes from the Federal Reserve�s last policy meeting, when the statement pushed yields up sharply out of a multi-month range.

Read the Bond Report

Corporates:

Netflix downgraded to equal weight; target affirmed at $115

EU looks into Motorola Mobility�s use of its patents

Molson Coors to buy StarBev in �2.65 billion deal

Roche disappointed at latest Illumina rebuff

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