Overnight Update: The US stock market traded in a choppy but narrow range on Wednesday, as investors reacted mildly to a slew of disappointing and inconclusive...

Bell Potter

Stockbroker

Overnight Update: The US stock market traded in a choppy but narrow range on Wednesday, as investors reacted mildly to a slew of disappointing and inconclusive economic reports. Treasury prices swung mostly higher after a gauge of service-sector companies came in weaker than expected. Gold futures closed with a modest gain. Oil futures touched lows under $102 a barrel. After posting its biggest gain since July, the UK's FTSE 100 index pulled back on Wednesday, with investors largely ignoring a better-than-expected reading on the country's services sector for February. Europe's benchmark stock index closed slightly lower after its biggest rally in eight months. London: BHP down 0.46% Rio down 1.41%. New York: BHP up 0.07% Rio down 1.04% Base metals on the LME traded mostly lower.


Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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