Markets: News  

May durable-goods orders in the spotlight

Indications: U.S. stock futures flattened with data

U.S. stock futures were steady after the government reported durable-goods orders rose 1.1% in May, slightly above expectations, but the prior month was revised down.Indications

Economic Report: China's Henan reverses easier-mortgage plan

China's Henan province on Wednesday rescinded a plan to allow local banks to offer discount mortgages to first-time home buyers, just days after the policy was announced, reflecting a pushback from Beijing on provinces pursuing their own easing policies.Economic Report: focus on China

Europe Markets: Europe stocks climb as EU summit looms

European stock markets were poised to break a four-day losing streak on Wednesday, as banks and drug makers moved higher, while investors cautiously awaited the European Union summit that starts Thursday. Europe Markets

London Markets: U.K. stocks rise; Glencore off on merger issues

Oil firms and banks pushed U.K. stocks back into positive territory after trading in the red zone for four straight sessions, while Glencore International PLC added pressure on unexpected merger problems. London Markets

Asia Markets: Hong Kong leads gains for most of Asia

Asian stocks recovered from lackluster early action to finish mostly higher, with Hong Kong leading the region amid some buying by funds, though volumes remained light ahead of a key European summit.Asia Markets

Asia Stocks to Watch: Business as usual in Macau: Goldman Sachs

Revised visa and credit-card-withdrawal policies are unlikely to take a significant toll on casino operators in the China territory, said Goldman Sachs, whose own channel checks blame typical backlogs for appearance of tighter visa control.Asia Stocks to Watch

Currencies: Dollar creeps up in pre-EU-summit range trade

The dollar crept up, with traders still cautious ahead of this week's European summit. Currencies

Futures Movers: Oil futures slip ahead of U.S. supply data

Crude-oil futures turned lower in electronic trading ahead of a weekly U.S. supply report, which is expected to show a decline in inventories.Futures Movers

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