Stocks finished broadly higher Tuesday, with the S&P 500 setting a new record, as investors cheered a

batch of better-than-expected economic reports and merger activity. More >>

The U.S. Commerce Department said that total durable goods orders, which include transportation items,

climbed by a seasonally adjusted 0.8% last month, compared to expectations for a 0.5% decline. More >>

U.S. consumer confidence rose in May as consumers saw the economy, including the labor market, in a

better light, according to a private sector report released on Tuesday. More >>

DAILY

27th May 2014

NATURAL GAS ($4.503/MmBtu, +2.48%): Forecasts for hot temperatures to arrive in next week sent

natural gas prices rising on expectations for homes to crank up their air conditioning. More >>

GOLD ($1263.90/ozt; -2.21%): Gold futures fell to a 15-week low in New York as U.S. equities climbed

to a record, curbing demand for the precious metal as an alternative investment. More >>

CORN ($469.75/lb, -1.56%): Corn futures dropped almost four weeks on signs that planting is

accelerating in the U.S., the world’s biggest producer of the crops. More >>

DISCLAIMER: Daily Briefs contains a summary of financial news covered on conventional news services around the world. Daily Briefs coverage of subjects is based on the

whims of its volunteer contributors. FEP Finance Club is not responsible for any imprecision or error in the content of any news.

PSI20: +1.00% DAX30: +0.49% FTSE100: +0.43% S&P500: +0.60% NIKKEI225: +0.23%

Asian stocks slipped for the first time in four days amid thin trading, after the regional equity index

climbed to the highest level this year. More >>

Russia’s deal to sell natural gas to China after a decade of talks will set a floor for prices of the liquefied

fuel as the Asian nation is set to become the world’s leading consumer. More >>

Mitsui Fudosan Co., Japan’s biggest real estate developer, plans to raise as much as 324.6 billion yen ($3.2

billion) in the biggest share sale by a property company in the country in at least four decades. More >>

European shares rose to multi-year highs on Tuesday, bolstered by U.S. economic data, mergers and

acquisitions talk and expectations of more policy easing by the European Central Bank. The FTSEurofirst

300 index closed 0.2 percent higher at 1,378.82 points. More >>

Italian consumer confidence rose more-than-expected last month, official data showed on Tuesday. In a

report, Italian National Institute of Statistics said that Italian Consumer Confidence rose to 106.3, from

105.5 in the preceding month whose figure was revised up from 105.4. More >>

The National Stock Exchange's main index rose 1.00% to 7058.23 points. The Portuguese market led gains

among major European indices on the day that the Banco Espírito Santo was the biggest gainer of the

PSI-20, after climbing more than 7%. More >>

According to the Board of Public Finance, between 2010 and 2013, most of the public fiscal consolidation

was taken on the expenditure side. The structural primary expenditure net of special factors decreased 4

percentage points of GDP in the period, accounting for 59% of the adjustment reached. More >>