Overnight: US stocks gave up opening gains on Thursday and turned lower as investors digested data on weekly jobless claims and focused on corporate earnings...

Bell Potter

Stockbroker

Overnight: US stocks gave up opening gains on Thursday and turned lower as investors digested data on weekly jobless claims and focused on corporate earnings reports. Treasury prices mostly gained, sending yields lower ahead of an auction of 30-year bonds, as the market reversed some of its losses from the previous session. The dollar was slightly weaker against the euro as investors digested remarks from ECB President Mario Draghi and looked ahead to key US employment data due Friday. Markets in Spain and Italy were leading gains across European markets after the ECB and BOE both left respective policies unchanged. U.K. retailers were in focus after more dismal Christmas reports, while technology stocks were active after a broker note, with ASML among the gainers. London BHP -2.15%. Rio -2.35%. New York BHP -1.44%. Rio -2.31%. Base metal traded lower across the complex.


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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