(Updates prices, table) ----------------------------------------------------------------
0744/2144 GMT ---------------------------------------------------------------- Stock Markets
NetChng
NetChng S&P/ASX 200
5,395.87 +36.93 NZSX 50
6,974.90 +60.70 DJIA
17,529.98 -180.73 Nikkei
0.00 +0.00 NASDAQ
4,715.73 -59.73 FTSE
6,167.77 +16.37 S&P 500
2,047.21 -19.45 Hang Seng
20,118.80 +234.85 SPI 200 Fut
5,369.00 -29.00 STI
2,781.11 +45.05 SSEC
2,843.73 -7.13 ---------------------------------------------------------------- Bonds
NetChg
NetChg AU 10 YR Bond
2.307 +0.001 US 10 YR Bond
1.772 +0.019 NZ 10 YR Bond
2.660 +0.000 US 30 YR Bond
2.600 +0.002 ---------------------------------------------------------------- Currencies
1700GMT
1700GMT AUD US$
0.7325 0.7351 NZD US$
0.6805 0.6814 EUR US$
1.1309 1.1329 Yen US$
109.13 109.34 ---------------------------------------------------------------- Commodities Gold (Lon)
1,277.00
Silver (Lon)
17.23 Gold (NY)
1,273.46
Light Crude
48.31 TRJCRB Index
185.86 +1.27 ---------------------------------------------------------------- Overnight market action with latest New York figures.
EQUITIES
NEW YORK - Wall Street sold off on Tuesday as investors boosted their bets on the Federal Reserve raising rates later this year, while Home Depot (NYSE:HD) dragged on indexes following its quarterly report.
The Dow Jones industrial average .DJI fell 180.73 points, or 1.02 percent, to 17,529.98, the S&P 500 .SPX lost 19.45 points, or 0.94 percent, to 2,047.21 and the Nasdaq Composite .IXIC dropped 59.73 points, or 1.25 percent, to 4,715.73.
For a full report, double click on .N
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LONDON - Britain's top equity index rose to a two-week high on Tuesday, with housebuilders helping the index higher after Taylor Wimpey TW.L announced a special dividend payout to lead gains in the sector.
The blue-chip FTSE 100 index .FTSE was up 0.3 percent at 6,167.77 points by the close, having hit its highest level since the start of May in early trade.
For a full report, double click on .L
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SYDNEY - Australian shares are poised to open lower on Wednesday, under pressure from a weaker Wall Street, which fell on expectations of an interest rates rise.
Local share price index futures YAPcm1 fell 0.5 percent to 5,369.0, a 26.8 point discount to the underlying benchmark S&P/ASX 200 index .AXJO .
The benchmark S&P/ASX 200 index .AXJO rose 0.7 percent on Tuesday.
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TOKYO - Japanese stocks rose on Tuesday after investor appetites were increased by a strong performance on Wall Street, higher oil prices and a weaker yen.
The Nikkei share average .N225 climbed 1.1 percent to end the day at 16,652.80.
For a full report, double click on .T
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FOREIGN EXCHANGE
NEW YORK - The U.S. dollar traded mostly flat against the euro and yen on Tuesday after traders doubted that strong April U.S. inflation data would push the Federal Reserve to raise interest rates soon, and on uncertainty ahead of a weekend Group of 7 meeting.
The dollar initially spiked higher against the euro after data showed U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, with the euro hitting a session low against the greenback of $1.1303 EUR= .
For a full report, double click on USD/
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TREASURIES
NEW YORK - Short-dated U.S. Treasury yields rose to nearly three-week highs on Tuesday after data showed the nation's consumer prices at their strongest in more than three years, pushing traders to price in a greater chance that the Federal Reserve could raise interest rates.
Two-year Treasury notes US2YT=RR rose nearly four basis points from late Monday to 0.823 percent.
Benchmark 10-year notes US10YT=RR fell 2/32 in price to yield 1.760 percent, little changed from late Monday.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK - Gold prices rose on Tuesday, reversing earlier losses after a weaker dollar and falling stock markets spurred safe-haven buying of the precious metal.
Spot gold XAU= was trading 0.4 percent higher at $1,278.7 per ounce at 11:17 a.m. EDT (1517 GMT), while U.S. gold futures GCv1 were also up 0.55 percent at $1,281.20.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper steadied on Tuesday, supported by a softer dollar and firm oil, but prices are still within sight of recent lows brought about by a resurfacing of worries over demand growth in top consumer China.
Benchmark copper CMCU3 on the London Metal Exchange ended up 0.1 percent at $4,655 a tonne. The metal used in power and construction hit $4,594 on Friday, its lowest since Feb. 25.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil prices rose for a second straight day on Tuesday, with U.S. futures hitting seven-month highs, on expectations of a drawdown in U.S. crude stockpiles and a new wildfire threat on Canadian oil supplies.
WTI CLc1 finished up 59 cents, or 1 percent, at $48.31 a barrel. The session high was $48.42 while the post-settlement peak was $48.76.
Brent crude LCOc1 closed up 31 cents at $49.28, hitting a six-month high of $49.58. In after-hours trade, it got to $49.75.
For a full report, double click on O/R
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