Reuters - Oil was steady below $71 a barrel on Tuesday ahead of U.S. data expected to show a fall in gasoline stocks, with weaker-than-expected Chinese economic data acting as a drag.

AP - Major Asian markets inched higher Tuesday amid signs China's stimulus measures were helping shield its economy from the global slump and as governments issued cautious outlooks about the recovery.

Reuters - Oil rose above $71 on Tuesday, ending a three-day losing streak as record Chinese oil imports and refinery production helped offset mixed economic data, while traders anticipated key reports on the state of global demand.

AP - Major Asian markets inched higher Tuesday amid signs China's stimulus measures were helping shield its economy from the global slump and as governments issued cautious outlooks about the recovery. European markets also rose.

Reuters - Stock index futures pointed to a lower open on Tuesday ahead of key data on productivity and labor costs, and before the Federal Reserve kicks off a policy meeting.

Reuters - Huron Consulting Group Inc , whose shares plunged in the wake of an accounting scandal, said it is being investigated by the U.S. Securities and Exchange Commission for acquisition-related payments and will delay filing its latest quarterly report.

AFP - Europe's main stock markets mainly fell on Tuesday as sagging bank stocks offset gains for the insurance sector, at the centre of renewed takeover activity.

Reuters - Oil prices pushed above $71 a barrel on Tuesday, spurred by record fuel imports to the world's second biggest energy user China, but the market was cautious ahead of the next set of supply and demand data.

AP - Watchmaker Fossil Inc. said Tuesday that its second-quarter profit dropped 34 percent due to the ongoing economic downturn and stronger dollar, but the results managed to beat Wall Street's expectations.

AP - Investors are stepping up their selling following a government report that wholesale inventories fell for a record 10th straight month.

AP - Among the earnings stories for Tuesday, Aug. 11, from AP Financial News:

AP - Fossil Inc, which makes watches and other fashion accessories, raised its full-year earnings outlook for the second time in three months after reporting second-quarter results that beat analysts' estimates.

AP - Traders are turning cautious about the prospects for the economy.

AP - Nordstrom Inc., which operates its namesake department stores and the Nordstrom Rack discount chain, reports earnings for the second quarter after the market closes on Thursday. The following is a summary of key developments and analyst opinion related to the period.

AP - Shares of brokerage and investment adviser Stifel Financial Corp. advanced on Tuesday after the company said it second-quarter profit rose 28 percent, as it expanded and revenue rose across all businesses.

AP - Boutique hotel operator Morgans Hotel Group Co. said that its second-quarter loss widened as the recession continued to prompt consumers to pull back on their spending, but the results managed to surpass analysts' estimates.

Reuters - Oil prices fell on Tuesday as doubts resurfaced over the pace of economic recovery after data showed another drop in U.S. wholesale business inventories and the U.S. government revised lower its forecast for global oil demand.

Reuters - Stocks fell on Tuesday after a prominent banking analyst warned the sector's fundamentals have yet to improve, and an unexpectedly large drop in wholesale inventories raised worries about an economic recovery.

AP - Wal-Mart Stores Inc., the world's largest retailer, reports earnings for the second quarter on Thursday before the market opens. The following is a summary of key developments and analyst opinion related to the period.

AP - Paragon Shipping said on Tuesday said its second-quarter profit fell sharply, although its adjusted profit rose.