Stocks fall on mixed data; oil rebounds

NEW YORK - U.S. stocks closed lower on the last trading day of February after mixed U.S. economic data on a day when European stocks hit records and oil prices rebounded for their first monthly gain since June.

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Oil up sharply, posts first monthly gain since June

NEW YORK - Crude oil rose sharply on Friday as Brent and U.S. futures posted their first monthly gains since June, supported by an improving demand outlook and supply outages. | Video

FXpert 27 Feb 2015

Google submits plans to expand Silicon Valley headquarters

SAN FRANCISCO - Google Inc submitted plans on Friday for a vastly expanded headquarters at the Silicon Valley city where the tech giant is based, presenting a bucolic vision of movable structures to be built under curving and translucent canopies.

Tech 12:24am GMT

Benefits of quantitative easing outweigh possible risks - ECB's Constancio

NEW YORK - The economic and social benefits of a bond-buying programme will outweigh any possible financial risks, the European Central Bank's vice president told a forum of top central bankers on Friday.

27 Feb 2015

BOJ's Nakaso says commitment to price goal 'unshakable'

NEW YORK - The Bank of Japan's commitment to achieving its 2 percent price target is "unshakable," its deputy governor said on Friday, signalling that he has no intention of watering down the goal despite a slowdown in inflation driven by slumping oil prices.

Japan 27 Feb 2015

Credit Suisse says lifts provisions in U.S. mortgage securities case

ZURICH/NEW YORK - Credit Suisse said on Friday it would put aside more funds for a U.S. probe and other litigation about whether the Swiss bank deceived investors in risky mortgage-backed securities it had issued in the run-up to the financial crisis.

27 Feb 2015
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FTSE 100 6,946.66 -3.07 -0.04%
DAX 11,401.66 + 74.47 +0.66%
CAC 40 4,951.48 + 40.86 +0.83%
TR Europe 167.63 + 0.52 +0.31%
GBP/USD 1.5432 --
GBP/EUR 1.3780 -0.01%
EUR/USD 1.1194 +0.00%
Gold 1,213.60 +3.00 +0.25%
Oil 49.52 +1.59 +3.30%
Corn 383.00 +4.50 +1.18%