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Oil Edges Lower, Dixons Carphone Stock Down After Possible Data Leak
August 10, 2015 6:05 amVideo
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US Stocks ended the week slightly lower as strong jobs growth data kept the door open for a US rate rise from the Federal Reserve as early as September whilst Asian shares ended Monday’s session slightly higher but still hovered near one and a half year lows, as weak Chinese data compounded the slowdown in the world’s second largest economy. The Dow finished the week at 17,373, the S&P500 at 2,077.
USD hit a two-month high of 125.07 Yen on Friday, and was last up about 0.1% at 124. The Euro was holding firm at $1.0965. The Swiss franc, meanwhile, edged down about 0.1% from late North American levels, with the Dollar buying 0.9828. On Friday, the Dollar rose as much as $0.9885, its highest level since late March.
Crude futures prices fell to fresh multi-month lows early on Monday. Brent fell to $48.35 per barrel, not far from a six-year low of $45.19 hit in January. Gold is trading at $1096.
Within the equity space the personal data of up to 2.4m customers of Dixons Carphone may have been exposed in a cyber attack, the electrical goods and mobile phone retailer said on Saturday. The stock is down 2% in early trade at 446p per share.
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