US: U.S. stocks declined for the first time in three days after analysts told investors to sell American Express Co., Wells Fargo & Co. and Wachovia Corp. on concern a recession will worsen defaults among consumers.
Europe: European stocks pared gains as shares of Societe Generale SA and Vodafone Group Plc declined.
Asia: Asian stocks rose after Aluminum Corp. of China Ltd. bought a stake in Rio Tinto Group and Fortescue Metals Group Ltd. said it had held talks about selling shares.
Commodities: Crude oil was little changed in New York after rising more than $1 a barrel yesterday as Turkish planes attacked suspected Kurdish insurgent bases and the Houston Ship Channel reopened after an 18-hour shutdown for fog. Gold futures fell on speculation the dollar will rally later this year, eroding the appeal of the precious metal as an alternative to the U.S. currency. Silver also declined.
Currencies: The yen may weaken for a fourth day against the dollar as a decline in volatility is prompting investors to purchase higher-yielding assets funded by low-cost loans in Japan.
Source: Bloomberg
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