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Oil set for weekly gain after finding floor amid virus confusion

Oil headed for its first weekly gain since early January after prices found a floor amid uncertainty over how the coronavirus will play out and whether OPEC+ will respond with additional production cuts......»»

Category: topSource: moneycentralFeb 14th, 2020

Metals Stocks: Gold futures aim for 7th straight rise, 3rd straight weekly gain

Gold futures on Friday trade modestly higher, headed for a seventh gain in a row and a third straight weekly advance, amid an uptrend for bullion that has gathered steam during a choppy period for stocks and digital-assets......»»

Category: topSource: marketwatchMay 21st, 2021

Market Snapshot: Dow gains 250 points as jobless claims hit lowest since November

Stock benchmarks Thursday aim for a fourth straight gain as investors brace for the busiest day of the fourth-quarter earnings reporting season and parse a better-than-expected weekly update on employment amid the COVID-19 pandemic......»»

Category: topSource: marketwatchFeb 4th, 2021

U.S. oil prices eke out slight Christmas Eve gain but log first weekly loss in 2 months

Crude-oil futures settled slightly higher Thursday amid light-trading volumes in the last trading session before Christmas, with investors watching whether a U.S. fiscal package will be signed into law by President Trump. February West Texas Intermediate .....»»

Category: topSource: marketwatchDec 24th, 2020

Metals Stocks: Gold gains ground as climb in weekly U.S. jobless claims feeds economic concerns

Gold prices gain on Thursday, finding support even as stocks rallied as the latest weekly climb in U.S. jobless claims fed concerns over the ongoing economic impact of efforts to contain the COVID-19 pandemic......»»

Category: topSource: marketwatchMay 7th, 2020

Global stocks race toward second weekly gain

Global stocks rallied on Friday on President Donald Trump's plans to revive the coronavirus-hit U.S. economy and hopes of a potential drug to treat COVID-19, while the dollar fell amid a growing risk-on sentiment among investors......»»

Category: topSource: reutersApr 17th, 2020

Oil gains amid market uncertainty over virus stimulus plans

Oil prices rose on Thursday, bucking panic selling in other markets, as investors tried to assess the impact of massive central bank stimulus in putting a floor under plummeting fuel demand from the coronavirus pandemic......»»

Category: topSource: reutersMar 19th, 2020

Bond Report: 2-year Treasury yield sees biggest weekly drop since 9/11 as interest rate cut bets gain ground

U.S. Treasury yields are falling for a seventh straight session on Friday, extending a relentless slide that has taken government bond yields to new record lows amid expectations that the Federal Reserve will lower interest rates......»»

Category: topSource: marketwatchFeb 28th, 2020

Stocks dip as virus impact weighed, oil gains for the week

Major world stock indexes edged lower on Friday as investors further assessed the economic fallout of China's coronavirus outbreak, while oil prices registered their first weekly gain since early January......»»

Category: topSource: reutersFeb 14th, 2020

Stocks drift near flat as virus impact weighed, oil on track for weekly gain

Major world stock indexes were little changed on Friday as investors further assessed the economic fallout of China's coronavirus outbreak, while oil prices were on track for their first weekly gain since early January......»»

Category: topSource: reutersFeb 14th, 2020

Oil pares fifth weekly loss on OPEC+ plan despite signs of glut

Oil pared its fifth straight weekly loss on optimism that OPEC+ will deepen output cuts, even as crude’s market structure signaled increasing over-supply amid a virus-driven hit to global demand......»»

Category: topSource: moneycentralFeb 7th, 2020

Oil prices down but log third weekly rise on trade hopes

Oil prices fell on Friday, but both benchmarks logged a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth......»»

Category: topSource: reutersDec 20th, 2019

S&P 500 posts biggest weekly percent gain since September amid data, trade optimism

U.S. stocks hit rec.....»»

Category: topSource: reutersDec 20th, 2019

Oil prices sink but on track for third weekly rise on trade hopes

Oil fell on Friday, but prices were set for a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth......»»

Category: topSource: reutersDec 20th, 2019

Oil falls but on track for third weekly rise on trade hopes

Oil was down about 1% on Friday, but prices were set for a third straight weekly gain amid the easing of U.S.-China trade tensions, which has boosted business confidence and the outlook for global economic growth......»»

Category: topSource: reutersDec 20th, 2019

Metals Stocks: Gold prices end higher, notch best weekly gain since late June

Gold futures settle virtually unchanged Friday but mark the best weekly return in more than a month, amid Italian political jitters and another wrinkle in the U.S.-China trade talks......»»

Category: topSource: marketwatchAug 9th, 2019

Oil on track for weekly gain as Iran tensions support

Oil prices rose on Friday and were on track for a weekly increase as geopolitical tensions over Iran remained unresolved, although flagging prospects for global economic growth amid the U.S.-China trade war capped gains......»»

Category: topSource: reutersJul 26th, 2019

Oil lingers near six-week highs amid Gulf of Mexico storm, Middle East tensions

Oil prices hovered near six-week highs on Friday and was on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their output because of a tropical storm and as tensions continued to simmer in the Middle East......»»

Category: topSource: reutersJul 12th, 2019

Oil slips, but still propelled to gain for week as Mideast tensions grow

Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global growth......»»

Category: topSource: reutersJun 21st, 2019

Oil prices dip, still set for weekly gains amid Mideast tensions, rate cut hopes

Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global growth......»»

Category: topSource: reutersJun 21st, 2019

Oil prices extend gains amid Middle East tensions, rate cut hopes

Oil prices rose on Friday, with Brent crude heading for its first weekly gain in five weeks on tensions in the Middle East after Iran shot down a U.S. military drone and on hopes for a drop in U.S. interest rates that may stimulate global growth......»»

Category: topSource: reutersJun 20th, 2019