Tag Archives: us stocks

Oil prices fell in early trading on Tuesday amid concerns that fuel demand will be affected by major central banks keeping interest rates high for longer, even as supply is expected to tighten. Brent crude futures fell 87 cents to $92.42 a barrel by 0630 GMT, while US West Texas …

Oil prices rose on Monday as investors focused on expectations of tighter supplies after Moscow issued a temporary ban on fuel exports amid continuing concerns that another interest rate hike could dampen demand. Brent crude futures increased 69 cents, or 0.7 percent, to $93.96 a barrel by 0646 GMT, after …

US stocks experienced a fourth consecutive day of losses and even closed as one of the worst weeks since March 2023, with the Dow Jones dropping 0.31% to 33,963.84. The S&P 500 and Nasdaq slipped 0.23% and 0.09%, respectively. Ford ended the day up 1.9% after a source reported progress …

The US Dollar Index finished marginally lower on Thursday after reaching 105.73, the highest level since March. The DXY pulled back during the American session amid a correction of the US Dollar and a pullback in US Treasury yields.Economic DataData from the US came in mixed, with a decline in …

S&P 500 firmly off course as US equities take a tumble on hawkish Fed.Equity indexes extending daily declines heading into Friday market session.US Treasury yields stepped higher as Fed sees rate higher for longer.The Standard & Poor’s (S&P) 500 continued its trip down the charts, sliding into $4,330.00 to end …

After the US Federal Reserve kept key interest rates unchanged and revised economic projections higher, Wall Street declined even as Fed Chair Jerome Powell warned the battle against inflation was far from over. All three major US stock indexes whipsawed in the wake of the announcement and the accompanying Summary …

Oil prices fell, becoming further away from their highest levels in ten months on Wednesday, ahead of the announcement of the Federal Reserve’s decision on the interest rate, amid a state of uncertainty among investors about when interest rates will reach their peak and the extent of this impact on …

Oil prices rose on Monday, supported by expectations of a widening supply deficit in the fourth quarter of the year after Saudi Arabia and Russia extended production cuts, in addition to optimism about the recovery of demand in China, the largest global importer of crude. By 0027 GMT, Brent crude …

US stocks sank Friday as the major indexes failed early on to build on a Thursday rally and were in danger of giving up the week’s gains.The S&P 500 was down 0.9%, while the Dow Jones Industrial Average retreated by 0.5%. The tech-heavy Nasdaq Composite plunged 1.4%, leading the way …

Oil is heading for gains for the third week in a row, as the scarcity of supply resulting mainly from Saudi Arabia’s reduction in production coincides with optimism that the Chinese economy is finally beyond the stage of danger. By 1149 GMT, Brent crude rose 37 cents to $94.07 a …