Market News

Stocks trade mixed; Oil extends rally on Libya: Markets Wrap

  • European, U.S. futures drop; S&P 500 approaches record high
  • U.S. jobs report supports growth outlook with little inflation

Oil hits a five month high as Libya clashes add to supply concerns

  • Libya's western oil regions in danger if conflict drags on
  • WTI gains as much as 0.7%, following a 4.9% advance last week

Growth clouds send emerging market investors seeking bond cover

  • Fidelity sees 'much better value' in hard currency credit
  • Goldman raises rupee forecasts ahead of India's election

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