Commodities

Lacking any catalysts, the price of oil barely changed Monday.

As commodities continue to get pounded, with the majority in a severe downtrend in November, U.S. manufacturing, led by the struggling energy sector, has been pushed into a recession. 

The U.S. Department of Agriculture says it will be a less profitable year for farmers as low grain, milk and hog prices cut into income.

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Stock market volatility has fueled growing doubts that the Fed can raise interest rates as fast as central bank policy makers had forecasted last month.

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U.S. consumer confidence rebounded strongly in October, as solid job gains raised expectations for economic growth.

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Oil prices surged again Friday, a day after recording their biggest gain in more than six years.

Oil soared to its biggest one-day gain since 2008, lifted by resurgent global stock markets and a report showing the U.S. economy grew faster than previously reported in the second quarter.

China's main stock market index has fallen for a fourth day, plunging 7.6 percent to an eight-month low.

Shares of the world's biggest oil companies a tumbling to multi-year lows on new data showing that U.S. crude inventories continue to rise at a time of year when they are typically in decline.

The price of U.S. crude oil has tumbled to its lowest level in more than six years.

China's stock market rebounded while other Asian stocks also mostly gained Friday after data showed the U.S. economy posted solid growth during the second quarter.

Prices for eggs and turkey meat are rising as an outbreak of bird flu in the Midwest claims an increasing number of chickens and turkeys.

While Americans have cheered tumbling prices at the pump, the companies that work the fields that draw the oil that eventually becomes gasoline have been caught in a vicious price squeeze.

Stock markets in mainland China extended their gains on Friday on expectations of further policy easing, but other stock markets in the region were mostly lower.

Global stocks were mixed in muted trading Tuesday amid a lack of fresh news to buoy market sentiment following an overnight slide on Wall Street.

Japan's Nikkei retreated from the highest level in 15 years on Friday while other Asian markets advanced as low Chinese inflation added to expectations Beijing will launch new stimulus.

Drivers will see the lowest summer gasoline prices in about 6 years, according to the Energy Department.