[ad_1] Wall Street was mixed on Monday and crude prices rose as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering concerns over the path of Federal Reserve monetary policy. The S&P 500 was modestly lower, while megacap momentum stocks pulled the tech-heavy Nasdaq to a sharper decline. The blue-chip Dow … Read more
[ad_1] Last Updated: May 16, 2023, 23:47 IST Both benchmarks rose more than 1% on Monday, reversing a three-session losing streak. (Image: Reuters File) Brent crude futures were down 30 cents to $74.93 a barrel by 12:57 p.m. EDT (1657 GMT), while U.S. West Texas Intermediate crude edged down 22 cents to $70.89 Oil futures … Read more
[ad_1] Last Updated: May 05, 2023, 06:12 IST Oil prices were also hurt by a strengthening dollar after the European Central Bank raised rates on Thursday. (Image: Reuters File) For the week, Brent was set to close down 8.7%, while WTI was set to close 10.5% lower Oil prices held steady in early trading on … Read more
[ad_1] Last Updated: May 02, 2023, 00:03 IST China’s manufacturing activity unexpectedly fell in April, official data showed on Sunday, the first contraction since December in the manufacturing purchasing managers’ index. (Image: Reuters File) Brent crude fell $1.88, or 2.3%, to $78.45 a barrel by 1:28 pm EDT (1728 GMT). U.S. West Texas Intermediate (WTI) … Read more
[ad_1] Last Updated: April 25, 2023, 01:14 IST European stocks closed essentially unchanged ahead of potentially market-moving earnings reports, which include a stream of European banks aside from U.S. megacaps.(Representative image) Earnings this week include a spate of potential market movers, including tech and tech-adjacent Alphabet Inc, Microsoft Corp, Meta Platforms Inc and Amazon.com Wall … Read more