Thursday, February 28, 2013

DailyMarkets.com - Iran Progress Holds Back Oil Prices

DailyMarkets.com - Iran Progress Holds Back Oil Prices

Iran Progress Holds Back Oil Prices

Posted: 28 Feb 2013 09:18 AM PST

Thursday, February 28, 2013
Crude Oil futures are on the verge of posting a loss for the month of February, after moving higher with little resistance in December and January. It appears that uncertain economic conditions and rising inventories finally caught up with the petroleum complex. Fundamentals over the past week have improved, as inventories did not ride as much as expected, and consumption has increased. Any bullish lift that prices may have received from improved demand seems to have … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Markets On The Rise, GDP Grows, & Jobless Claims Shrink

Posted: 28 Feb 2013 08:32 AM PST

02/28/13 Markets were in positive territory Thursday morning following an improved Q4 GDP estimate. Also, JC Penney takes a hit, jobless claims shrink, and Kuroda will head the Bank of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dow Edges Closer To Record High, Stocks Waver Near Flat

Posted: 28 Feb 2013 08:02 AM PST

02/28/13 US stocks wavered on both sides of the flat line, following the release of mixed data. US Q4 GDP eked out an expansion of 0.1%, while jobless claims fell more-than-expected. Chicago PMI rose to multi-month … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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