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Oil demand expectations rise as recovery strengthens

An improving economic picture both in the U.S. and abroad is leading energy experts to revise their oil demand forecasts upward.

On Wednesday, the Chinese government said that exports were...[more ]

Market Currents by Seeking Alpha

5:35 AM   Initial estimates peg first-day iPad (AAPL) sales at 120K, for delivery beginning April 3. Analyst Victor Castroll: "Apple has been able to generate over $75M in revenue in one day on a product that 99.9% of purchasers haven't touched or for that matter, even seen in person, and we're still three weeks away. That is amazing."

6:35 PM   A recent study picks up on a disturbing trend: For the first time ever, premium borrowers are defaulting on their mortgages quicker than on their credit card debt. A possible explanation: Those in danger of losing their homes anyway still need credit cards to buy groceries.

5:46 PM   Regulatory reform might not be a lost cause, despite a recent collapse in talks. In a letter signed by Sen. Richard Shelby, Republicans said they remain open to working out a solution, but demanded that Senate Banking Committee Chairman Chris Dodd slow down the process to give them time to consider a new bill he plans to release on Monday.

5:30 PM   Hans-Werner Sinn, head of the Ifo think tank, says the rush to rescue Greece through a new European Monetary Fund could endanger the euro: "I fear the fund would become a redistribution system, distributing the resources of the more prudent countries to the less prudent ones."

5:17 PM   "Is today’s agricultural industry suffering from a lack of free and fair competition in the marketplace?" asks AG Eric Holder. Farmers are nervous about a few large firms that dominate many agricultural markets, and Holder is promising "an historic era of enforcement." (but...)

Stock Market Today

Briefing.com - LIVE market analysis
Market Summary   |   Stocks On The Move   |   Sector Ratings
3/12/2010 4:20 PM ET
[BRIEFING.COM]

Stocks set a fractionally improved 52-week high in the early going, but then spent the rest of the session stuck in a choppy sideways trade as a disappointing consumer sentiment survey weighed on the mood of participants.

Momentum from four...

[more ]

Stock Market Headlines

MARKET SNAPSHOT: U.S. Stock Investors To Use Data As A Road Map   12:05AM ET  - Dow Jones Business News

LATIN AMERICAN MARKETS: Mexico Stocks Lower After Mixed Economic Reports    5:43PM ET  - Dow Jones Business News

MARKET SNAPSHOT: Stocks End Mixed As Financials Snap Win Streak    4:34PM ET  - Dow Jones Business News

TECH STOCKS: Tech Stocks Claim Some Late Gains In Mixed Session    4:15PM ET  - Dow Jones Business News

MARKET SNAPSHOT: Stocks Rangebound As Financials Pull Back    3:47PM ET  - Dow Jones Business News

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