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Chicago Mercantile Exchange › (CME:FC.Q14)


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Today's Financial News

Survey shows German consumers losing some confidence amid concerns of an economic slump

2 days ago

BERLIN (AP) — A closely-watched survey shows German consumers are losing confidence amid growing concerns of an economic slump. The GfK research group said Friday its forward-looking consumer climate index dropped for the fourth month in a row to 9.3 points in December, from 9.4 in November. GfK says consumers' willingness to buy rose, but that was offset by drops in both their income and economic expectations, partially linked to the growing number of asylum seekers pouring into the country.

European markets resilient despite big drop in Chinese stocks; Wall Street back for short day

2 days ago

LONDON (AP) — European stock markets recouped earlier losses to trade little changed Friday despite an earlier big fall in China's main stock index, which suffered in the wake of news that investigations into the securities industry has widened to include two top brokerages. BLACK FRIDAY: The main focus on Wall Street's return will likely center on retail stocks because of Black Friday, when millions of Americans venture to shops the day after Thanksgiving in search of bargains.

3 Chinese brokerages say they are under investigation following market plunge

2 days ago

BEIJING (AP) — Three of China's biggest securities firms are under investigation in a fresh aftershock from this summer's market plunge. The Shanghai Composite Index closed down 5.5 percent. Authorities have detained securities executives, an investment fund manager, government employees and a reporter for a business magazine following the collapse in prices that began in early June. The announcements that brokerages themselves were under investigation represented a further widening of the probes.

Black Friday: The Super Bowl of shopping starts in stores across the country

2 days ago

The Super Bowl of shopping had an early start again this year, but the game isn't over yet. Sabrina Rajkumar, 36, a writer from New York, started shopping with her stepmom at Macy's at 7:30 p.m. on Thanksgiving and was just wrapping up at 5:30 a.m. Friday. She found a $50 bedding set and a dress for her niece marked down to $25 from $74 and Godiva chocolates for $8.

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