Markets

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Record oil may hold stocks hostage 5:33pm EDT 

NEW YORK (Reuters) - Stocks will face major obstacles to extending their gains next week if the price of oil continues to break records, as fears about inflation and the discretionary spending power of the embattled American consumer are forced into the spotlight.  Full Article 

NYSE
9,603.01 +49.49 +0.52%
DJIA
12,986.80 -5.86 -0.05%
S&P500
1,425.35 +1.78 +0.13%
Symb Last Change Chg %
NED.N 7.99 +1.13 +16.47
ENT.N 4.36 +0.52 +13.54
GGC.N 4.80 +0.53 +12.41
AAP.N 38.82 +4.18 +12.07
CYD.N 11.89 +1.12 +10.40
Data as of Fri May 16, 2008 10:59pm EDT.
Symb Last Change Chg %
FBC.N 4.85 -1.10 -18.49
IMP.N 11.99 -1.31 -9.85
NDN.N 9.06 -0.95 -9.49
TRR.N 5.40 -0.53 -8.94
MTA.N 25.63 -2.37 -8.46
Data as of Fri May 16, 2008 10:59pm EDT.

World Markets

U.K. MARKET REPORT

MARKETS-BRITAIN-STOCKS =2 12:09pm EDT 

* For related prices, Reuters Terminal users may click on - * UK stock report [.L/R] FTSE index: <0#.FTS6> techMARK 100 index: FTSE futures: <0#FFI:> Gilt futures: <0#FLG:> Smallcap index: FTSE 250 index: FTSE 350 index: Market digest: Top 10 by vol: Top price gainers: Top % gainers  Full Article 

European Market Report

Europe shares benefit from oil but end off highs 12:37pm EDT 

LONDON, May 16 (Reuters) - European shares rose on Friday, fed by a rally in energy stocks as crude oil hit new record highs, although banks coming under pressure and U.S. consumer sentiment data knocked the market back from session peaks.  Full Article 

Tokyo Market Report

Nikkei snaps winning streak, shippers steam higher

TOKYO, May 16 (Reuters) - Japan's Nikkei stock average snapped a four-day winning streak on Friday to end down 0.2 percent as investors locked in profits and exporters such as Canon Inc were sold on a slightly stronger yen, but the benchmark still saw its strongest week in 3 months.  Full Article 

Hong Kong Market Report

HK stocks up but gains pared on Shanghai weakness 5:44am EDT 

(For Shanghai market reports, click [.SS]) (Updates to Friday close, adds details)  Full Article 

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Business News

Currency
UK £ inUSD =1.9574
Euro inUSD =1.5575
¥en inUSD =0.0096
Symbol Bid Ask
BRENT CRUDE $0.00 $0.00
MINI GOLD $902.50 $903.10
MINI SILVER $17.01 $17.04
Index Chg Vol
Dow Jones Industrial Average
6/19/2008
-13.00 875
E-Mini NASDAQ 100
6/19/2008
-0.25 2546
S&P 500
6/19/2008
1.20 27517