World markets rise as double-dip fears ease

 LONDON — World stock markets advanced modestly Monday as investors rode momentum from Friday, when an upbeat U.S. jobs report eased fears that the global economy could slip back into recession. With Wall Street closed for a holiday, however, trading was expected to remain light.Markets took heart after official data last week showed private employers in the U.S. added 67,000 jobs in August, more than analysts expected.The figure bolstered optimism that the U.S. will maintain a slow but steady recovery from last year's recession and avoid another economic contraction later this year.By mid-afternoon...

Noteworthy | Bats Global Markets had a record U.S. market share for August Read more: http://www.kansascity.com/2010/09/06/2203445/noteworthy-bats-global-markets.html#ixzz0ypySKXgE

 Bats Global Markets, a Lenexa-based electronic trading exchange, said it had a record U.S. market share for August of 10.6 percent and a high of 5.8 percent in Europe. The share of U.S. market trading for August dipped slightly from its 11 percent slice for July. Done dealEpiq Systems, which provides software for lawyers handling bankruptcy, litigation and other financial and regulatory matters, said it had successfully completed a nearly $30 million stock buyback. The company said it had repurchased roughly 2.3 million shares at an average price of $12.83.Freaky speaker“Freakonomics” co-author...

Crude Oil Falls for a Second Day on Speculation U.S. Fuel Demand Will Drop

 Oil declined to trade near a four- day low, as falling equity markets reinforced doubts about the global economic recovery while the end of the U.S. summer peak consumption season signaled lower demand from refiners. Yesterday’s U.S. Labor Day holiday marked the end of the driving season. Refiners often idle units for maintenance in September and October as gasoline demand drops and before heating-oil use increases. The Stoxx Europe 600 Index fell as much as 0.7 percent. Asian stocks also declined, with the benchmark MSCI Asia Pacific Index snapping four days of gains.“Weak...

Commodities: Oil retreats in subdued trading

LONDON (SHARECAST) - Crude oil futures fell on Monday with trading mostly subdued due to the US Labor Day holiday.  While there was no floor trading during Monday’s holiday crude for October delivery fell 58 to $74.02 a barrel in electronic trading on the New York Mercantile Exchange.  Concern about declining demand for oil drove prices lower, as the US driving season comes to an end. Monday’s Labor Day officially marked the end of the summer driving season.  Unease about the struggling US economy and an oversupplied oil market is also weighing on oil demand. Crude inventory levels...