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SEOUL, South Korea (AP) — European stock markets were mostly higher in early trading today. Asian markets finished mixed. Futures augured a lukewarm start on Wall Street. S&P futures added less than 0.1 percent while Dow futures advanced 0.1 percent.
NEW YORK (AP) — Benchmark U.S. crude oil fell 17 cents to $48.24 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 58 cents to settle at $48.41 per barrel on Wednesday. The dollar rose to 109.37 yen from 109.04 yen.
WASHINGTON (AP) — The Labor Department releases weekly jobless claims this morning. Freddie Mac, the mortgage company, will release weekly mortgage rates. The National Association of Realtors will report on existing home sales for July.
BEIJING (AP) — China's Commerce Ministry is criticizing a U.S. decision to launch a trade probe of Beijing's technology policy. A spokesman calls it an attack on the global trading system and says his government will "resolutely defend" Chinese companies. China says the action improperly applies U.S. law instead of international rules.
BERLIN (AP) — The European Aviation Safety Agency has issued an air worthiness directive about Airbus's A350-941 aircraft, warning that a problem could lead to an engine explosion under certain conditions if not corrected. The agency says that Airbus has already come up with a fix and the directive orders that it be implemented on all affected planes.
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