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Dow futures lower ... Crude falls ... Fed minutes

February 21, 2018

TOKYO (AP) — Shares slid today in Europe after a day of gains in Asia as attention turned to minutes from the latest meeting of the Federal Reserve. Dow futures edged 0.1 percent lower to 24,933.00 and S&P 500 futures also were down 0.1 percent at 2,712.50, pointing to losses on the open in New York.

NEW YORK (AP) — Benchmark U.S. crude fell 67 cents to $61.12 per barrel in electronic trading on the New York Mercantile Exchange. It rose 24 cents to settle at $61.79 per barrel in New York. Brent crude shed 72 cents to $64.53 per barrel. It gained 42 cents to close at $65.25 a barrel in London. The dollar rose to 107.64 yen from 107.33 yen on Tuesday.

WASHINGTON (AP) — Investors have been bracing for signs the U.S. central bank might tighten monetary policy in minutes from its Jan. 30-31 policy meeting due out today. Jitters over inflation remain after the spate of volatility earlier this month.

CANBERRA, Australia (AP) — Australian Prime Minister Malcolm Turnbull heads to the United States today, accompanied by the largest Australian political and business delegation ever to visit the U.S. President Donald Trump’s softening opposition to joining the Trans-Pacific Partnership will be up for discussion when he meets Turnbull at the White House on Friday.

PARIS (AP) — Air France says that half of its long-haul flights departing from Paris will not operate for 24 hours during a strike over pay. The French airline said that Thursday’s long-haul flights would be affected during the day-long strike that aims to pressure management to increase employee salaries by 6 percent.

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