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Stock Markets
5,137.25 +135.97 NZSX 50
5,613.29 +5.98 DJIA
16,020.30 +148.95 Nikkei
17,806.70 -733.98 NASDAQ
4,602.25 +76.01 FTSE
6,081.34 +182.47 S&P 500
1,909.39 +16.18 Hang Seng
21,404.96 +153.39 SPI 200 Fut
5,145.00 +18.00 TRJCRB Index
187.66 +1.44 Bonds
AU 10 YR Bond
2.694 +0.100 US 10 YR Bond
2.126 +0.128 NZ 10 YR Bond
3.190 -0.015 US 30 YR Bond
2.850 +0.131 Currencies (Prev at 7pm NZST)
AUD US$
0.7158 0.7176 NZD US$
0.6491 0.6481 EUR US$
1.1440 1.1567 Yen US$
119.50 119.01 Commodities
Gold (Lon)
1137.50
Silver (Lon)
14.62
Gold (NY)
1154.65
Light Crude
39.12
---------------------------------------------------------------- Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks retreated from their highs after staging their sharpest rally of the year on Tuesday, a day after the market's worst performance in four years.
The Nasdaq composite index .IXIC led stocks higher with a 2.2 percent rise, boosted by Apple's AAPL.O 4.7 percent jump to $108.
At 14:05 ET (1805 GMT), the S&P 500 .SPX was up 25.58 points, or 1.35 percent, at 1,918.79, the Dow .DJI was up 222.54 points, or 1.4 percent, at 16,093.89 and the Nasdaq .IXIC was up 98.57 points, or 2.18 percent, at 4,624.82.
The S&P rose as much 2.9 percent, the Dow as much as 2.8 percent and the Nasdaq as much as 3.6 percent.
For a full report, double click on .N
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LONDON - Britain's top share index posted its biggest one-day rise since 2011 on Tuesday after China cut interest rates to calm markets, following turbulence that has rocked equities globally.
The benchmark FTSE 100 .FTSE rose 182.47 points, or 3.1
For a full report, double click on .L
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TOKYO - japanese stocks fell for a sixth consecutive day on Tuesday in a volatile session that saw indexes seesaw between losses and gains before retreating late in the session on worries about China's slowing economy.
The Nikkei share average .N225 ended down 4 percent at 17,806.70 points, its lowest close since Feb. 10.
The broader Topix .TOPX lost 3.3 percent to close at 1,432.65, with turnover hitting 4.924 trillion yen, about double the average and the highest level since Nov. 4.
For a full report, double click on .T
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FOREIGN EXCHANGE
NEW YORK - The dollar jumped over 1 percent against a basket of major currencies on Tuesday and recovered from seven-month lows against the safe-haven yen and euro as riskier assets got a boost from an interest rate cut by the Chinese central bank.
The U.S. dollar index, which measures the greenback against a basket of six major currencies, was last up 1.25 percent at 94.505 .DXY . The dollar was last up 1.1 percent against the safe-haven yen at 119.700 yen JPY=EBS , while the euro was last down 1.6 percent against the greenback at $1.14310 EUR=EBS .
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries prices fell on Tuesday as China's lowering of interest rates and required bank reserves reduced investor anxiety about its economy and sparked selling of U.S. government debt and other perceived safe-haven assets.
On the open market, benchmark 10-year Treasuries notes US10YT=RR fell 24/32 in price for a yield of 2.084 percent, up over 8 basis points from late on Monday. The 10-year yield hit a four-month low of 1.9050 percent on Monday at the height of a global equity and commodity market selloff.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK/LONDON - Gold fell more than 1 percent on Tuesday after an interest rate cut from China helped global markets rebound from the previous day's rout, with stocks rallying and the dollar also gaining, while palladium sank more than 7 percent to a five-year low.
Spot gold XAU= was down 1.3 percent at $1,139.85 an ounce at 13:05 p.m. (1905 GMT), while U.S. gold futures GCv1 for December delivery settled down 1.3 percent at $1,138.30.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper prices rose on Tuesday after China cut its benchmark interest rates, raising hopes the move will help bolster economic growth and increase demand in the world's largest consumer of industrial metals.
Benchmark copper CMCU3 on the London Metal Exchange, which was steady before the rate cut, ended up 2.3 percent at $5,065 a tonne from $4,953 at the close on Monday, when the metal used in power and construction hit a six-year low of $4,855 a tonne.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil rose more than 3 percent on Tuesday as oversold conditions brought some buyers back to the market, but a lingering supply glut and worries about the slowing economy in top commodities consumer China kept crude prices near 6-1/2-year lows.
Brent LCOc1 was up 68 cents at $43.37 a barrel by 12:07 p.m. EDT (1607 GMT), after hitting $42.23 on Monday, its lowest since March 2009.
U.S. crude CLc1 rose $1.22 to $39.46, also advancing from $37.75, its lowest since February 2009 set in the previous session.
For a full report, double click on O/R
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