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A winning run for US stocks ends as soft Chinese economic data provide an excuse to take profits – but generally positive earnings limit losses
Figures from the Energy Information Administration showed commercial crude stockpiles had climbed 3.5m barrels to 397.7m in the week ending April 18
Bankers report order book of more than $100bn for $21bn issue yielding between 4.875 per cent and 6.25 per cent on differing maturities
Morrison’s annual report last week revealed earnings had been bolstered by ‘relaxed’ depreciation policies, says JPMorgan Cazenove
Four of the five top-performing members of the Dow Jones Transportation Index, which includes rail and freight shipping companies, have been airlines
China accounts for 46% of global output, against 21% a decade ago, and prices are at levels last seen in 2005, near the start of the commodities boom