Oil rises 2% as recession fears recede

Oil prices rose on Wednesday as investors looked for bargains after the previous session's slump and on hopes that consuming countries will look to fill their strategic reserves, although oversupply fears and warnings of a deep recession capped gains......»»

Oil prices clawed their way into positive territory on Tuesday as hopes that the world's biggest producers will agree to cut output outweighed analyst fears that a global recession in the wake of the coronavirus crisis could be deeper than expected......»»

Oil prices jumped 8% on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their battle for market share but gains were capped by fears of a global recession due to the coronavirus......»»

The U.S.-China trade war is unlikely to see a permanent truce over the coming year, and while concerns have eased over a U.S. recession, an economic rebound is also not expected any time soon, according to a Reuters poll of economists......»»

World shares touched a 21-month high on Monday on signs that the United States and China could soon put an end to a damaging trade war as well as indications that the world may yet dodge an economic recession......»»

World shares touched a 21-month high on Monday on signs that the United States and China could soon put an end to a damaging trade war as well as indications that the world may yet dodge an economic recession......»»

Wall Street ended higher on Tuesday as the impact of weekend attacks on Saudi Arabia's biggest oil refinery faded and investors awaited a widely expected Fed interest rate cut on Wednesday......»»

A rise in technology stocks lifted Wall Street on Thursday, as China sounded hopeful of a resolution to the protracted trade dispute with the United States, easing investor fears of the risk of a recession......»»

U.S. stocks rose in choppy trading on Thursday, as strong July retail sales data and Walmart's upbeat results eased some fears about the economy slipping into recession, but a slump in shares of network gear maker Cisco limited gains......»»

If you listened to certain factions of mainstream media, the tariffs against China might have you fearing that a full-blown recession is coming on the back of an all-out trade war. Apparently,........»»

GLOBAL-PRECIOUS/ (UPDATE 3, PIX):PRECIOUS-Gold rises as U.S. recession fears boost safer assets.....»»

GLOBAL-PRECIOUS/ (UPDATE 3, PIX):PRECIOUS-Gold rises as U.S. recession fears boost safer assets.....»»

“The stock market is not ‘end of bear market’ cheap,” says one strategist. “But it is back to a level which offers some potential upside again.”.....»»

Surveyed investors are at their most bullish in two years, with 78% considering a global recession to be unlikely, BofA found. Caspar Benson/Getty Images Gold is the most overvalued it'.....»»

Average Wall Street Bonus Rises 10% To $184,000 Thanks To 2020 Recession The average Wall Street bonus rose b.....»»

Asian stocks look set to tumble on Thursday, as fears that the world is in its worst recession since the 1930s were heightened by data showing U.S. retailers suffered a record sales collapse in March due to the coronavirus outbreak......»»

REUTERS/Jim Urquhart Oil slumped further on Tuesday as historic production cuts that OPEC agreed to over the weekend were overshadowed by the coronavirus pandemic's impact on global demand. US West.....»»

Sound Transit had to realign light rail delivery dates after the Great Recession of 2009 lowered the agency's revenues. CEO Peter Rogoff fears they may have to do so again......»»

Stocks on Wall Street slid on Monday over concerns of what the coronavirus pandemic will do to corporate earnings while crude prices were mixed as a global deal on record output cuts failed to quell doubts the pact would head off an oil glut......»»

Stocks on Wall Street slid while crude prices edged higher on Monday as a global deal on record output cuts failed to quell concerns on whether the pact is enough to head off an oil glut as the coronavirus pandemic hammers economies worldwide......»»