Commodities

Oil Prices Fall on Stronger Dollar, Renewed Glut Worries

Oil prices slid more than 3% on Wednesday as the dollar jumped after the U.S. Federal Reserve's decision to hike U.S. interest rates and after a jump in crude inventories at the biggest U.S. storage center renewed concerns about a glut.

Oil Prices Fall on Stronger Dollar, Renewed Glut Worries

Oil prices slid more than 3% on Wednesday as the dollar jumped after the U.S. Federal Reserve's decision to hike U.S. interest rates and after a jump in crude inventories at the biggest U.S. storage center renewed concerns about a glut.

Stocks Rally, Notch 3% Gains for the Week

U.S stocks followed Europe higher on Friday as investors piled in on the post-Trump-election rally while the euro weakened against the dollar as investors continued to digest the European Central Bank’s Thursday decision to extend economic stimulus.

Stocks Rally, Notch 3% Gains for the Week

U.S stocks followed Europe higher on Friday as investors piled in on the post-Trump-election rally while the euro weakened against the dollar as investors continued to digest the European Central Bank’s Thursday decision to extend economic stimulus.

Dow, S&P Hit Highs; Trump Comment Hammers Drug Stocks

Wall Street surged on Wednesday, with the Dow industrials and S&P 500 hitting fresh records, as equities continued their march upward after the election of Donald Trump as U.S. president, and a new high for transportation stocks added to the bullish tone.

Dow, S&P Hit Highs; Trump Comment Hammers Drug Stocks

Wall Street surged on Wednesday, with the Dow industrials and S&P 500 hitting fresh records, as equities continued their march upward after the election of Donald Trump as U.S. president, and a new high for transportation stocks added to the bullish tone.

Banks, Telecoms Lift Dow to New Record

Wall Street climbed on Tuesday as telecom stalwarts AT&T and Verizon gained and bank shares added to their torrid post-election rally, helping the Dow set another record closing high.

Banks, Telecoms Lift Dow to New Record

Wall Street climbed on Tuesday as telecom stalwarts AT&T and Verizon gained and bank shares added to their torrid post-election rally, helping the Dow set another record closing high.

Oil Hits 16-Month High in Buying Rush After OPEC Agreement

Crude rose above $55 a barrel to hit a 16-month high on Monday as rising prospects of a tightening market after last week's OPEC landmark deal to cut production has given speculators impetus to increase bets on higher prices.

Oil Hits 16-Month High in Buying Rush After OPEC Agreement

Crude rose above $55 a barrel to hit a 16-month high on Monday as rising prospects of a tightening market after last week's OPEC landmark deal to cut production has given speculators impetus to increase bets on higher prices.

Wall Street Edges Lower as Banks Lose Steam

U.S. stocks edged lower on Friday after a payrolls report did little to alter expectations for an interest rate hike from the Federal Reserve this month and bank stocks cooled for a second straight session.

Wall Street Edges Lower as Banks Lose Steam

U.S. stocks edged lower on Friday after a payrolls report did little to alter expectations for an interest rate hike from the Federal Reserve this month and bank stocks cooled for a second straight session.

Tech Stocks Weigh on S&P, Nasdaq

Losses in technology stocks dragged down the Nasdaq and the S&P 500 on Thursday, while gains in bank and energy shares propped up the Dow.