Investors will be looking for more clues on future supply from a meeting on Wednesday of a panel representing ministers of OPEC+. U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are inching higher early Monday on a report that China plans to ship large volumes...
Goldman Sachs Group Inc. is the latest firm to boost its year-end price target for the S&P 500, as a relentless rally off the March lows leaves strategist predictions in the dust. David Kostin raised his forecast for the benchmark U.S. gauge to 3,600 from 3,000, joining the likes of Yardeni...
Tech behemoths have been Wall Street’s obsession all year. But the tiniest of stocks have surreptitiously been making a comeback — in a big way. The Russell Microcap Index, whose members have a value of $300 million on average, is up more than 60% from this year’s stock-market lows,...
The dollar was down on Friday morning, giving up some earlier gains as doubts persist over the global economic recovery from COVID-19. Investor sentiment was dampened by disappointing Chinese data released earlier in the day that indicated continuous but slower recovery in industrial...
U.S. stocks were mixed after the close on Thursday, as gains in the Consumer Goods, Technology and Consumer Services sectors led shares higher while losses in the Oil & Gas, Financials and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.29%,...
Japanese stocks soared to a six-month peak and the dollar was under pressure on Thursday as investors picked positives out of recent economic data and bet on China and the United States sticking with their trade deal at a crucial weekend meeting. MSCI’s broadest index of Asia-Pacific...
Crude oil prices slipped on Thursday after OPEC said it expected demand for fuels to fall more than expected, although U.S. government data showing a fall in inventories suggested demand is returning despite the coronavirus pandemic. Brent crude (LCOc1) was down 8 cents at $45.35 a barrel by...
The dollar traded higher in early European trade Wednesday, helped by a jump in U.S. yields ahead of a massive bond auction and amid hopes that the coronavirus outbreak is coming under control. At 3:10 AM ET (0710 GMT), the Dollar Index, which tracks the greenback against a basket of six other...
Gold fell sharply on Wednesday morning in Asia, continuing losses from the previous sessions in North America and Europe. Gold futures slid 2.52% to $1,897.20 by 11:57 PM ET (4:57 AM GMT). The pullback was not altogether unexpected, with analysts expecting a correction after the per-ounce price...
U.S. stocks were mixed after the close on Monday, as gains in the Oil & Gas, Industrials and Basic Materials sectors led shares higher while losses in the Healthcare, Technology and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average rose 1.30% to hit...
