Scoreboard: Oil bounce

Wall Street wavered as investors digested weak consumer spending data, corporate results and European political developments, while oil prices pushed higher.

In US economic data the ISM manufacturing index fell from 55.1 to 53.5 in January, below forecasts centred on a result near 54.5. Personal income rose by 0.3 per cent in December (ahead of forecasts tipping a 0.2 per cent gain) with consumption down by 0.3 per cent -- the largest drop in spending since September 2009. Construction spending rose by 0.4 per cent in December, short of forecasts tipping a 0.7 per cent gain. 


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles