Oil futures rose Friday for a second straight session, supported by supply concerns tied to Venezuela, but a hefty weekly rise in U.S. crude supplies helped to keep prices lower for the week. Market attention remained fixed on Venezuela, with all eyes on next steps for popular opposition leader JuanRead More →
Oil futures moved higher on Friday, after a report that the U.S. could be ready to ease tariffs on China inspired investors to pick up perceived riskier assets such as commodities. West Texas Intermediate crude for February delivery CLG9, +0.98% rose 66 cents, or 1.3%, to $52.73 a barrel, afterRead More →
Oil futures declined sharply Thursday, tracking lower moves in most global equity benchmarks, as fear of a China-led demand slowdown gripped investors. West Texas Intermediate crude for February delivery CLG9, -1.87% fell $1.16, or 2.2%, to $51.15 a barrel on the New York Mercantile Exchange, a day after posting aRead More →
Gold futures on Wednesday resumed their climb toward the psychologically important price of $1,300 an ounce, finding support from the turmoil surrounding the U.K.’s plan to leave the European Union and the upcoming vote of no confidence facing Prime Minister Theresa May’s government. Caution among traders has deepen “ahead ofRead More →
Oil prices slipped but largely steadied Wednesday as supply data offered little new revelations, allowing contracts to preserve the bulk of the 3% price jump a day earlier. That move fed the over 20% recovery for the major benchmarks since a fourth-quarter plunge. Expected stock-market gains boosted risk-on sentiment thatRead More →
Reuters U.S. equities were looking at a potentially downbeat start to the week, as stock futures tumbled Monday on weaker-than-expected China trade data that has sparked fresh concerns over a global economic slowdown. How are major benchmarks faring? Dow Jones Industrial Average futures YMH9, -0.87% slid 210 points, or 0.9%,Read More →
U.S. stock futures fell on Thursday, suggesting a winning run for equities could come to an end as optimism over trade talks was replaced by worries about a Chinese economic slowdown and the continuing government shutdown. How are major benchmarks faring? Dow Jones Industrial Average futures YMH9, -0.39% fellRead More →
Nancy Davis, the chief investment officer and founder of advisory firm Quadratic Capital, garnered attention back in October 2017 when she predicted that a preternatural period of placidity in the stock market was about to come to an ugly end. Four months later, it did, in spectacular fashion. Then, amidRead More →
U.S. stocks declined at the start of the first trading session of 2019, after data showing a contracting Chinese manufacturing sector reinforced investor concerns about a slowing global economy. Major markets were closed on Tuesday for the New Year holiday. How are benchmarks trading? The Dow Jones Industrial Average DJIA,Read More →
Ophir Energy OPHR, +32.56% became the second London-listed mid-cap oil-and-gas company to attract a suitor in recent weeks after it said it is in talks with Indonesia’s Medco Energi MEDC, -0.72% about a potential all-cash takeover bid which could create a southeast Asian upstream powerhouse. The news sent sharesRead More →
U.S. stock futures pointed to an upbeat final session of trade for 2018 on Monday, as investors drew inspiration from trade headlines pointing to hopes of progress between the U.S. and China. How are benchmarks performing? Dow Jones Industrial Average futures YMH9, +0.85% climbed 228 points, or 1%, to 23,263,Read More →
