Oil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug boats struggled to move a stranded container ship blocking crude oil carriers...
On Wall Street, the Dow Jones Industrial Average fell 3.09 points, or 0.01%, to 32,420.06. The S&P 500 lost 21.38 points, or 0.55%, to 3,889.14 and the Nasdaq Composite dropped 265.81 points,...
Shares in Asia-Pacific were largely lower on Wednesday as concerns over the prevailing pandemic. The Hang Seng index in Hong Kong was one of the biggest losers among the region’s major markets, closing...
Oil prices steadied on Wednesday, after the previous day’s slump. However, the recovery was hindered by fears of a slow recovery in demand due to the new wave of COVID-19, which has...
The benchmark wall street's S&P 500 and the blue-chip Dow have rallied about 80% from their pandemic lows of a year ago, while the tech-heavy Nasdaq more than doubled in value.
Shares in major Asia-Pacific markets slipped on Tuesday, weighed by Chinese markets as investors took profit on a recent rally in some mainland firms, despite the rising inflation fears. Investors now await...
Oil prices fell 1% on Tuesday amidst concerns that curb the spread of the coronavirus pandemic and slow vaccine rollouts in Europe will slow recovery in fuel demand and as producers cut...
Wall Street rallied as technology stocks rebounded. Tesla jumped after a fund run by an influential investor in the electric-car maker said its shares could approach $3,000 by 2025.
Asian shares were mixed Monday as the U.S. Federal Reserve’s announcement shook sentiment that it would end some emergency measures put in place last year to help the financial industry deal with the...
Oil prices extended losses on Monday, amidst concerns that European lockdowns may slow down the expected recovery on oil demand. Brent crude was down 34 cents, or 0.5%, at $64.19 a barrel by...
Concerns that developments in Turkey would threaten gold financial markets strengthened the dollar, making gold expensive for non-U.S. investors.
Major Global market indices continued their gaining streak this week, with some touching record highs early in the week, some of them however later lost ground as bond yields reached their highest...
Asia-Pacific markets mostly fell Friday as investor sentiment turned cautious, following an overnight selloff stateside. Australian shares traded lower, with the benchmark ASX 200 closed down 0.56% at 6,708.20 — the index retraced some...
Oil prices fell on Friday for the sixth day in a row, down nearly 9% for the week, as a new wave of COVID-19 infections in particular across Europe spurred fresh lockdowns...
Wall Street ended sharply lower on Thursday, with the Nasdaq tumbling 3%, hit by rising Treasury yields and fresh worries about the coronavirus pandemic in Europe. Losses in U.S. stocks accelerated after...
Asia-Pacific markets broadly advanced Thursday as investors cheered after the U.S. Federal Reserve’s policymaking committee overnight voted to keep short-term borrowing rates near zero in a widely expected move. The Nikkei 225...
Oil prices declined for a fifth consecutive session on Thursday, falling around 1% after official data showed a further increase in U.S. crude and fuel inventories. At the same time, the prevailing...
Visa Inc, a multinational financial services corporation, is planning to enter the cryptocurrency business to capture the business opportunity of becoming the mainstream payment vehicle.
It was the first time the Dow closed above 33,000 points after the Federal Reserve issued a report that they were very optimistic on economic recovery.
Asia-Pacific markets traded mixed on Wednesday as investors wait for the outcome of the U.S. Federal Reserve’s two-day policy meeting later in the day. Australia shares cut back some of their earlier losses as...
Oil prices climbed on Wednesday as investors weighed a recovery in U.S. refinery activity as industry data showed U.S. crude stockpiles unexpectedly fell last week against concerns of rocky demand in Europe....
Wall Street’s S&P 500 index ended lower on Tuesday and a gauge of global equities was close to flat as investors awaited the Federal Reserve and other central banks meetings this week,...
Asia-Pacific markets mostly edged higher Tuesday following a relatively subdued start to the global trading week as investors look ahead to the Fed meeting stateside. Australian shares rose as the benchmark ASX 200 gained...
Oil prices fell on Tuesday, extending declines for a third day, as concerns about rising stockpiles in the United States added to the threat to demand posed by countries including Germany and...
The S&P 500 and Dow Jones Industrial Average closed at a record highs on Monday, as investors eyed an economic recovery from the coronavirus and awaited cues from the Federal Reserve this...
Oil prices rose Monday during Asian trading hours on the back of growing optimism around demand recovery. On the supply side, OPEC and its oil-producing allies this month said it would keep production...
Oil prices edged up on Monday, with Brent drifting near $70 a barrel, propped up by output cuts from major producers and optimism about global economic and fuel demand recovery in the...
Global markets touched new highs last week as optimism over the global economic recovery continued to fuel market rallies. A tame inflation report and a respite in the recent upward ascent in...
The Dow Jones Industrial Average rose 293.05 points, or 0.9%, to close at 32,778.64 and the S&P 500 gained 4 points, or 0.10%, to 3,943.34. The Nasdaq Composite dropped 78.81 points, or...
In Asia, the Hang Seng Index fell 2.2 per cent, upending a three-day rally while benchmarks in mainland markets fluctuate near a two-month high
Brent crude prices eased on Friday but hovered near $70 a barrel as production cuts by major oil producers constrained supply, with optimism about a recovery in demand for the resource in...
Gold prices inched up on Friday and were on course to mark their best week in seven, as easing U.S. Treasury yields and dollar lifted the metal’s appeal. However, much the relief...
Wall Street major indices, the S&P 500 and the Dow closed at all-time highs on Thursday as worries about rising inflation subsided and bigger-than-expected fall in weekly jobless claims
Asia-Pacific markets traded broadly higher Thursday, following a relatively strong finish on Wall Street overnight after U.S. lawmakers passed a $1.9 trillion coronavirus relief package. The Nikkei 225 in Japan rose 0.6%, or 175.08 points,...
Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks fell sharply, although gains were capped by a surge in crude oil inventories after last...
Bitcoin, the world's largest cryptocurrency by market capitalization, has gained for a sixth straight day, extending its longest winning streak of the year and approaching the record high price reached last month....
The Dow Jones Industrial Average rose 464.28 points, or 1.46 percent, to 32,297.02, the S&P 500 gained 23.37 points, or 0.6 percent, to 3,898.81 and the Nasdaq Composite dropped 4.99 points, or...
Asia-Pacific markets traded mixed as stocks in Australia, Japan and South Korea struggled to hold onto earlier gains. Investors overnight returned to risky assets, confident that a massive U.S. stimulus package will soon...
Oil prices fell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories data due later in the day for pointers on where prices will head...
Wall Street stocks rallied on Tuesday, with the Nasdaq gaining about 4% to recoup heavy losses from the previous session as U.S. bond yields retreated
Asian stock markets traded mixed Tuesday after starting the week by struggling for gains in what some analysts have described as a fragile environment for stocks. In Australia, the benchmark ASX 200 trimmed some...
Oil prices recorded a rise on Tuesday on expectations of a recovery in the global economy after the U.S. Senate approved a $1.9 trillion stimulus bill and a likely drawdown in crude...
On Wall Street, the Dow hit a record intra-day high but the big tech stocks that have led Wall Street to scale successive peaks over the past year fell, with the Nasdaq...
Monday’s session in Asia-Pacific followed a wild day in U.S. markets last Friday, where stocks roared back from a sharp sell-off
Saudi Arabia’s ministry said a petroleum tank farm at one of the world’s largest oil shipping ports was attacked by a drone and a ballistic missile.
Global markets continued to trade on moved by central banks as investors looked to oversee the correlation between the stock market and interest rates, picking up from last week, with rates temporarily...
Wall Street and a gauge of global equity markets on Friday recovered from earlier losses as investors took stock of a report that showed faster-than-expected U.S. jobs growth but which had previously...
Shares in Asia-Pacific were mostly lower Friday as investors watched bond yields and technology stocks in the region. Mainland Chinese stocks closed mixed as the Shanghai composite declined fractionally to 3,501.99, and...
Oil prices rose more than 1% on Friday, extending gains from the previous session after OPEC and its allies agreed not to increase supply in April as they await a more substantial...
Shares in Asia-Pacific slipped in Thursday trade, with technology stocks in the region falling sharply. In Japan, the Nikkei 225 fell 2.13% to close at 28,930.11 while the Topix index shed 1.04% to finish...
Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide against increasing output at a key meeting later in the day lent support, alongside...
Wall Street's Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of...
Oil prices were down in early trade on Wednesday, extending several days of losses amid uncertainty over how much supply producing countries will push to restore to the market at the OPEC+...
Wall Street ended lower on Tuesday, pulled down by Apple and Tesla, while materials stocks climbed as investors waited for the U.S. Congress to approve another stimulus package. Following strong gains in...
Oil prices rallied more than $1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although a drop in China’s February factory activity growth capped gains. Brent crude...
Stocks in Asia-Pacific fell sharply on Friday following an overnight drop on Wall Street as a rapid rise in bond yields rattled investor sentiment. In Japan, the Nikkei 225 led losses among the region’s...
Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar, and expectations grew that more supply is likely to return to the market with...
S&P 500 growth index is nearly unchanged in February, sharply underperforming the value index, which has gained more than 7%
Stocks in Asia-Pacific largely jumped on Thursday after the Dow Jones Industrial Average surged to a record closing high overnight.
Oil prices rose for a fourth straight session on Thursday to the highest levels in more than 13 months. The rise was stimulated by monetary easing policies and lower crude production in...
Gold prices edged lower on Thursday as higher U.S. Treasury yields dented the metal’s appeal
Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued.
Spot gold was up 0.1% at $1,807.51 per ounce. U.S. gold futures were steady at $1,805.60.
Oil prices fell on Wednesday after industry data showed a surprise build in U.S. crude stocks last week as a deep freeze in the southern states curbed demand from refineries that were...
U.S. crude futures were down 0.81% at $61.17 a barrel on Wednesday during Asian trading hours, global benchmark Brent lost 0.47% to $65.06.
Wall Street reversed course late Tuesday, with the S&P 500 and the Dow whipsawing to positive territory by the closing bell
Shares in Asia-Pacific were mixed on Tuesday, as investors monitored technology stocks regionally after their counterparts declined on Wall Street overnight. Mainland Chinese stocks were lower by the close. The Shanghai composite was down...
SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings fell 1.1% to 1,115.4 tones on Monday.
Goldman Sachs Commodities Research raised its Brent crude oil price forecasts by $10 for the second and third quarters of 2021.
Volumes on wall street was 14.38 billion shares, compared with the 16.05 billion average for the full session over the last 20 trading days.
In Asia, China kept the one-year loan prime rate (LPR) unchanged at 3.85%, largely in line with expectations of traders and analysts
Hedge funds and money managers slashed their bullish positions in COMEX gold and raised them in silver contracts last week, the CFTC said.
For the first time since November, U.S. Oil drilling companies cut the number of oil rigs operating due to the cold and snow enveloping Texas
Global stocks set new highs again this week with a myriad of factors grabbing a piece of the spotlight, including Congressional hearings aimed at deciphering the recent GameStop trading frenzy.
Stocks on Wall Street closed near break-even on Friday as investors sold technology shares that have rallied through the pandemic and rotated into cyclical stocks set to benefit from pent-up demand once...
Stocks in Asia-Pacific were mixed on Friday following overnight declines for the major indexes on Wall Street. In Japan, the NIkkei 225 declined 0.72% to close at 30,017.92 while the Topix index shed 0.67%...
Oil prices slid as much as 2% in early trade on Friday, adding to overnight declines, on worries that refineries shut by a big freeze in the U.S. South will take some...
Gold Fundamentals Gold prices fell to their lowest in nearly three months on Friday and headed for their worst week since end-November, as recent strength in U.S. Treasury yields dented the non-yielding...
On wall Street, of the 11 major S&P 500 sectors, only utilities and consumer discretionary rose, while real estate barely fell, off 0.02%.
Stocks in Asia-Pacific were lower on Thursday, as mainland Chinese markets returned to trade after a long Lunar New Year break. By the Thursday market close on the mainland, the Shanghai composite rose 0.55%...
Oil prices rose as much as a dollar on Thursday, extending this week’s gains and hitting 13-month highs, as a cold snap sweeping Texas and surrounding regions shut at least a fifth...
Technology shares led losses on the S&P 500 and Nasdaq. Apple Inc, PayPal Holdings Inc and Nvidia Corp weighed most on both indexes.
Stocks in Asia-Pacific were mixed on Wednesday as investors monitored bond yields following a recent rise. In Japan, the Nikkei 225 slipped 0.58% on the day to 30,292.19 while the Topix index shed 0.18%...
Bullish oil prices marked time on Wednesday, as support from supply disruptions in the U.S. south caused by an Arctic blast was offset by expectations that OPEC+ producers may ease their output...
The Dow Jones Industrial Average notched a record closing high, joining a global march propelling stock indexes to record highs on Tuesday, as investors bet that COVID-19 vaccinations and U.S. stimulus will...
Asian shares advanced on Tuesday, lifted by the economic recovery, vaccine rollouts and signs that new coronavirus cases may be abating as mainland China remain closed for the Lunar New Year holiday....
Oil prices rose on Tuesday as a cold front shut wells and refineries in Texas, the biggest crude producing state in the United States, the world’s biggest oil producer. Prices also gained...
Asian stock markets closed higher on Monday following the record closing highs on Wall Street on Friday and as a slowdown in the rate of coronavirus infections and rollouts of Covid-19 vaccine...
Oil prices rose to their highest in more than a year on Monday, after a Saudi-led coalition fighting in Yemen said it intercepted an explosive-laden drone fired by the Iran-aligned Houthi group,...
Gold eased on Monday after U.S. Treasury yields jumped to their highest in nearly 11 months in the previous session, with platinum scaling a six-year peak on expectations of a supply shortfall....
Global Markets finished modestly positive for the week on strong earnings growth and the increasing likelihood of additional fiscal stimulus.
The S&P 500 and Nasdaq set record closing highs on Friday as investors bought Bumble stock, a day after IPO, the energy, financial and materials shares and sold big tech stocks in...
Shares in Australia and Japan struggled for gains on Friday where trading volume was relatively low as many stock markets in the region are closed for the start of the Lunar New...
Oil prices fell a second day on Friday, extending losses after OPEC cut its demand forecast and the International Energy Agency said the market was still over-supplied. Brent crude was down 47 cents,...
The Nasdaq and S&P 500 eked out modest gains on Wall Street during Thursday's session with investors betting on more fiscal stimulus, but U.S. President Joe Biden said China was poised to...
Trading in Asia-Pacific was muted Thursday as multiple major markets in the region were closed for holidays. Hong Kong’s Hang Seng index rose 0.45% on the day to 30,173.57 while the Straits Times index in Singapore...
Oil prices fell on Thursday, giving up some of the recent strong gains, although losses were curbed by production cuts and hopes that rollouts of vaccines will drive a recovery in demand....
On Wall Street, S&P 500 and the Nasdaq edged slightly lower on Wednesday as big tech stocks slid amid an ongoing rotation of portfolio holdings that gave a boost to energy shares...
Shares in Asia-Pacific were higher on Wednesday as Chinese stocks led gains among the region’s major markets. By the market close in mainland China, the Shanghai composite gained 1.43% to 3,655.09 while the Shenzhen component advanced...
Oil prices rose again on Wednesday, extending their more than week-long rally after industry data showing a fall in U.S. crude oil stocks added to optimism about an expected rise in global...
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