(Repeats to additional subscribers) Overnight market action with latest New York figures.
EQUITIES
NEW YORK - Wall Street retreated on Wednesday, pulled lower by declines in the materials and healthcare sectors as investors continued to assess the possibility of an interest rate hike in the coming months.
The Dow Jones industrial average .DJI fell 52.77 points, or 0.28 percent, to 18,494.53, the S&P 500 .SPX lost 8.65 points, or 0.4 percent, to 2,178.25 and the Nasdaq Composite .IXIC dropped 31.30 points, or 0.6 percent, to 5,228.78.
For a full report, double click on .N
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LONDON - European shares rose on Wednesday, helped by a buoyant banking sector, while a disappointing update from British miner Glencore (LON:GLEN) GLEN.L dragged the mining sector lower.
The pan-European STOXX 600 index .STOXX closed up 0.4 percent for its third straight session of gains.
For a full report, double click on .L
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TOKYO - Japan's Nikkei share average rose on Wednesday with a pause in the yen's rise lifting cyclical stocks, although caution before Federal Reserve Chair Janet Yellen's appearance at a central bankers' meeting later in the week limited the gains.
The Nikkei .N225 closed 0.6 percent higher at 16,597.30.
For a full report, double click on .T
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FOREIGN EXCHANGE
NEW YORK - The dollar rose on Wednesday in thin trading, helped by data the previous day showing a surge in U.S. new home sales, although gains were capped by uncertainty ahead of a meeting of central bankers on Friday.
Against a basket of major currencies, the dollar rose 0.3 percent to 94.835 .DXY .
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries were steady on Wednesday as investors awaited a speech by Federal Reserve Chair Janet Yellen's on Friday for any new indications on when the U.S. central bank will next raise interest rates.
Benchmark 10-year notes US10YT=RR fell 1/32 in price to yield 1.56 percent, up from 1.55 percent on Tuesday. The yields have traded between 1.45 percent and 1.63 percent since mid-July.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK - Gold dipped on Wednesday as the dollar strengthened, but prices remained largely rangebound ahead of a speech by Federal Reserve Chair Janet Yellen this weekend which will be closely watched for further clues on U.S. interest rate policy.
Spot gold XAU= was at $1,336.76 an ounce at 1416 GMT, down 0.8 percent, while U.S. gold futures GCv1 for December delivery were down $16.30 an ounce at $1,329.80.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper prices fell to two-month lows on Wednesday as rising inventories in Asian warehouses fuelled fears about weaker demand ahead in top consumer China.
Benchmark copper CMCU3 on the London Metal Exchange (LME) slumped 1.7 percent to close at $4,632 a tonne, its lowest since June 24.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil prices tumbled on Wednesday, with U.S. crude settling about 3 percent lower, after an unexpectedly large inventory build in the world's biggest oil consumer renewed worries about oversupply.
U.S. West Texas Intermediate (WTI) futures CLc1 settled down $1.33, or 2.8 percent, at $46.77 per barrel. Brent crude futures LCOc1 fell 91 cents, or 1.8 percent, to close at $49.05.
For a full report, double click on O/R
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