U.S. stocks were mixed on Tuesday, with the S&P 500 crossing 1,900 for the first time, as disappointing

April retail sales were offset by an upward revision for the prior month and an upbeat gauge of small

business sentiment. More >>

Retail sales barely grew last month, disappointing forecasters expecting a bigger early spring burst in

consumer spending. Sales rose just 0.1% in April, the Commerce Department said Tuesday, after soaring

1.5% in March. More >>

DAILY

13th May 2014

OIL (WTI: $101.72/bl, +1.20%; BRENT: $108.60/bl, +0.76%): Oil futures rose on Tuesday due to fears

that Ukraine unrest will escalate and affect Russian oil exports and on growing concerns that a deal

between Libya and rebels to reopen oil ports will fall through, thus crimping global supply. More >>

NATURAL GAS ($4.361/MmBtu, -1.12%): Natural gas prices fell on Tuesday after updated weather-

forecasting models continued to call for mild temperatures to settle in across much of the U.S., which

should crimp demand for heating. 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: -0.73% DAX30: +0.54% FTSE100: +0.31% S&P500: +0.04% NIKKEI225: +1.95%

Asian stocks rose the most in seven weeks as investors weighed earnings and after U.S. equity indexes

climbed to records. More >>

China’s retail sales rose 11.9% in April, compared with the forecast for 12.2% growth. Fixed-asset

investment for Q1 climbed 17.3%, compared with the estimate for 17.7% growth. More >>

The Australian dollar eased Tuesday after weaker than expected data on housing trends and ahead of the

first federal budget by the Liberal Party-led coalition. More >>

European equities ended higher on Tuesday, with some benchmarks hitting multi-year highs following

upbeat company results from major companies such as aerospace giant Airbus and steelmaker

ThyssenKrupp. The euro zone's blue-chip Euro STOXX 50 rose 0.2 percent to 3 211.78 points. More >>

German economic sentiment in May deteriorated sharply to hit the lowest level since January 2013,

industry data showed on Tuesday. The ZEW Centre for Economic Research said that its index of German

economic sentiment tumbled by 10.1 points to 33.1 this month from April’s reading of 43.2. More >>

The PSI-20, the main index of Euronext Lisbon, ended the session on Tuesday losing 0.73% to 7 322.28

points. The negative performance of the index was due to the decline of the financial sector and the fall

of EDP and Zon Optimus that sold a block of its own shares to its employees at 90% discount. More >>

The OECD leading indicator to anticipate the evolution of the Portuguese economy slowed in March, but

recorded the 22th consecutive rise, continuing to point to a recovery in economic activity. OECD revealed

the index rose in January to 102.97 points, which is the highest record since April 2007. More >>