Overnight: US stocks moved lower as cautious investors reacted to reports on US service-sector activity, which was lower than expected, and factory orders,...

Bell Potter

Stockbroker

Overnight: US stocks moved lower as cautious investors reacted to reports on US service-sector activity, which was lower than expected, and factory orders, which saw a higher-than-anticipated increase. Treasury's rallied on mixed data, sending the benchmark 10-year note yield further below 3% to kick off a week full of market-moving events. Gold futures waver between minor losses and gains after a two session climb of 3% as traders mulled a rise in U.S. factory orders and a fall in ISM services data. Oil futures slid, extending last week's heavy losses. RSA Insurance Group posted strong gains after a report reduced worries about the company's troubles in Ireland, with the rise helping the broader FTSE 100 index move slightly higher. European stocks edged lower following some sharp declines in Asian markets. London BHP -1.56%. Rio -3.09%. New York BHP -0.92%. Rio -2.59% Base metal traded 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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