US: U.S. stocks fell for the second time this week, led by energy and industrial shares, after a worse-than-forecast manufacturing report and higher stockpiles of oil spurred concern that the economy has fallen into a recession.
Europe: European stocks climbed for the third time this week on higher profits, rising commodities prices and growing optimism that demand from emerging markets will counter an economic slowdown in the U.S.
Asia: Asian stocks climbed the most in a week after earnings from Telstra Corp. and Tabcorp Holdings Ltd. raised optimism the region will overcome a U.S. economic slowdown.
Commodities: Crude oil fell for a second day in New York after an Energy Department report showed that U.S. inventories rose almost twice as much as forecast and refiners slowed processing to perform seasonal maintenance. Gold futures surged to a record $958.40 an ounce as a slumping dollar and soaring commodity costs boosted the appeal of the precious metal as an inflation hedge. Silver rose to the highest since 1980.
Currencies: The dollar headed for a second weekly decline against the euro after a report showed manufacturing in the Philadelphia region contracted this month, bolstering speculation the U.S. is poised for a recession.
Source: Bloomberg
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