Today's Top Stories - August 4, 2015  

 

BEWARE THE BELL! U.S. stock index futures pointed to a flat open on Tuesday following a sharp 5 percent drop in oil prices seen overnight, as investors gear up for employment data later due later in the week More

EUROPE: European equities traded lower on Tuesday during a choppy day of trading after disappointing U.S. data and slipping commodity price and energy stocks dented sentiment on Wall Street and in Asia More

ASIA: Asian shares traded mixed on Tuesday, as a stabilization in energy prices slightly calmed negative sentiment triggered by disappointing manufacturing data from the world's top two biggest economies More

OIL: Oil prices edged up on Tuesday, following a 5 percent drop in the previous session, as high global production and a weakening economic outlook in Asia prompted analysts to warn of further falls More

As oil falls below $50, analysts eye 'mid-price' era A slump in oil below $50 a barrel has raised the prospect of a new era of lower prices More

Oil craters, set to retest lows More

GOLD: Gold hovered near a 5-1/2-year low on Tuesday, still pressured by expectations that the Federal Reserve was well on course to raise interest rates this year More

It’s time to play Twitter for the long term: Trader It's been a rough year for Twitter. The company's stock fell more than 5 percent on Monday, reaching an all-time low since it started trading publicly in November 2014. But one trader says Twitter will make a full comeback by 2017 More

Moody's says Puerto Rico has defaulted Puerto Rico's Government Development Bank announced Monday that it was only able to make a partial payment on its Public Finance Corporation (PFC) debt service due over the weekend More

China stock exchanges step up crackdown on short-sellingChinese authorities have stepped up their crackdown on short-selling of shares, with the two main stock exchanges unveiling new rules that would make it even more difficult for speculators to profit from hourly gyrations in stock prices More


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