2/12/2013

Obama, Group of Seven, McGraw-Hill

Premarket news

Obama to reward coalition in State of the Union speech

McGraw-Hill swings to loss, outlines 2013 estimate

G-7 vows not to target exchange rates

Indications: Stock futures flat ahead of Obama, Fed speakers

U.S. stock-index futures drift lower on Tuesday ahead of a barrage of Fed speakers. The dollar stayed firm and gold fell after a G-7 statement saying members won�t target exchange rates. Read more in Indications

Click to Play Obama's State of the Union

Richard Norton Smith, presidential historian at the University of Kansas, previews Tuesday night's State of the Union speech.

Europe Markets: Europe stocks waver; Barclays jumps

European stock markets show mixed moves on Tuesday, as an overnight rally in Japan gives way for some optimism, while mining firms add pressure as metals prices drop. Read Europe Markets

London Markets: Barclays rally lift London stocks after results

Shares of Barclays PLC lead U.K. stocks higher on Tuesday, as the bank announces plans to cut costs as part of a strategy overhaul. Read London Markets

Asia Markets: Japan surges in holiday-thinned Asia trade

Japanese shares soar in holiday-thinned trading, with the country�s economics minister saying share prices are too cheap and yen hitting fresh multiyear lows. Read Asia Markets

Currencies: Dollar up; G-7 statement offers no surprise Getty Images Enlarge Image A pedestrian passes before a share prices board in Tokyo on Tuesday.

The dollar gains some ground, while the Japanese yen remains under pressure. A statement by G-7 finance ministers and central bankers does nothing to alter expectations Japan and others will halt measures seen undercutting the value of their currencies. Read Currencies

Metals Stocks: Gold futures steady near $1,650 an ounce

Gold limps along in lackluster trading on Tuesday, with technical selling and departing investors keeping pressure on the precious metal. A strong dollar wasn�t helping either. Read Metals Stocks

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