U.S.

stocks were little changed on Tuesday, with the S&P 500 halting its record-smashing run, as investors
considered valuations. More >>
Job openings in April soared to their highest level in almost seven years in another sign of the labor
market's growing strength. Employers recruited candidates for 4.5 million open jobs in April. More >>
EBay Inc. dropped 2.7 percent after saying David Marcus will step down as the head of its PayPal unit to
join Facebook Inc. Facebook rallied 4.6 percent to the highest since March. More >>


NATURAL GAS (4.530/MmBtu, -2.48%): Natural gas futures moved lower on Tuesday after updated
weather-forecasting models predicted that a storm system trekking across the central and eastern U.S. will
bring damp and cooler temperatures that should cut into demand for air conditioning. More >>

GOLD (WTI: $1260.10/oz t, +0.49%): Gold future carried Monday's gains into Tuesday as investors
snapped up positions to hedge against a weaker euro, though gains were limited due to a lack of fresh
steering currents to move the yellow metal in one direction or the other. More >>

DAILY
European stocks rose, extending their highest level in more than six years, amid optimism that measures
announced by the European Central Bank last week. More >>
Britains strengthening recovery has probably pushed the economy back above its pre-crisis level, ending
the longest period of below-peak output in a century. More >>
A "race to the bottom" by Britain's biggest supermarkets hit retail sales in May, and could harm a
recovery in the sector, the British Retail Consortium (BRC) warned on Tuesday. More >>
The National Stock Exchange closed the session on a high, excited by gains of more than 4% of PT. Also
important were the gains from Jernimo Martins and BES. More >>
Goldman Sachs has lowered its estimates for the next years, having direct impact on the assessment of
EDP Renovveis. The new target price is 4% below the current market value of the shares. More >>
The closure of the refinery of Galp is hampering the analysis. It had a negative effect on exports and
positive on investment. In both cases, we do not know the real extent of this impact. More >>
10
th
June 2014
DISCLAIMER: Daily Briefs contains a summary of financial news covered on conventional news services around the world. Daily Briefs coverage of subjects is based on the
whims of its volunteer contributors. FEP Finance Club is not responsible for any imprecision or error in the content of any news.
PSI20: +0.75% DAX30: +0.20% FTSE100: -0.02% S&P500: -0.02% NIKKEI225: -0.85%
Asian stocks rose, with the Hang Seng Index (HSI) erasing its loss for the year, after China inflation
quickened to the fastest pace in four months. Casino shares dropped in Hong Kong. More >>
Chinese shoppers paid more for meat and vegetables in May, but consumer inflation wasn't enough to
distract government officials intent on boosting sluggish economic growth. More >>
The total number of housing loans in Australia was roughly unchanged in April, missing forecasts for an
increase of 0.2%. More >>