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Easing political worries lift global shares, pound jumps
Britain's pound bounced from three-year lows on Wednesday after a parliamentary vote raised the prospect of another delay to Brexit, while an easing of worries about political risk in Italy helped push world stocks higher......»»
OPEC and allies extend oil supply cut in bid to boost prices
OPEC and its allies led by Russia agreed to extend oil output cuts until March 2020 on Tuesday seeking to prop up the price of crude as the global economy weakens and U.S. production soars......»»
Australian, Indian elections boost Asian shares, trade fears ease
Asian shares clawed back some of last week's losses as investors cheered apparent election wins for conservative incumbents in Australia and India, while broader global trade worries eased after Washington offered to lift some tariffs in North America......»»
Apple results boost stocks, dollar dips
Global equities advanced on Wednesday for a fourth-straight day of gains as Apple's strong results soothed concerns about earnings growth and the dollar dipped after some disappointing data ahead of a Federal Reserve policy statement......»»
World stocks rally, near U.S. record highs, oil gains
Global equity markets rallied on Tuesday as the U.S. Nasdaq and S&P 500 stock indexes marched toward record highs, while European energy shares posted their biggest daily gain since January as crude prices surged......»»
Oil boost fails to lift European stocks as earnings kick-off
European shares fell on Tuesday as battery maker Umicore kicked off a busy week of earnings with a grim outlook. David Pollard reports......»»
Oil prices extend losses as oversupply worries drag
Oil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight the United States for market share, checking a recent rally driven by tighter global production......»»
Oil extends losses into second session; Russia, OPEC output in focus
Oil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight for market share, checking a recent sharp rally driven by tighter global production......»»
Oil prices slip as U.S. stocks surge, but global market tightens
Rising U.S. crude stocks dragged oil lower on Thursday but prices continued to find a floor as OPEC-led cuts and freefalling Venezuelan output tightened global supplies......»»
Stocks edge higher as crude oil gains
NEW YORK - A gauge of global equities edged higher on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares......»»
Stocks mostly flat on profit concerns, oil gains
NEW YORK - A gauge of global equities was mostly flat on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares......»»
Oil keeps falling as Trump urges OPEC to boost production
Oil extended declines after President Donald Trump renewed his criticism on OPEC, saying the cartel should lift crude production......»»
Oil keeps falling as Trump urges OPEC to boost production
Oil extended declines after President Donald Trump renewed his criticism on OPEC, saying the cartel should lift crude production......»»
Shares tick up with Fed boost; oil hits four-month peak
Stocks across the world fought to extend their longest winning streak of the year on Wednesday, with a global index edging up as a boost from a dovish Federal Reserve more than offset concerns over U.S.-China trade talks......»»
Market Snapshot: Dow, S&P 500 end lower as oil wallops energy sector, but tech shares buck the trend
U.S. stocks end mostly lower Friday as a plunge in crude-oil futures, sparked by reports that OPEC and major oil-producer Russia were considering increasing output, fueled a steep decline in futures, slamming shares of energy-related companies......»»
Will an Output Boost End Oil"s Runaway Rally?
The immediate trigger for a decline in oil prices was reports that OPEC and Russia were discussing an increase in oil production. Stocks ended lower on May 25 as crude pr.....»»
OPEC Faces New Concern Over Global Oil Stocks: China
China’s secretive crude reserves will help major producers determine whether to continue their supply cuts or open the taps wider again......»»
Europe Markets: European stocks rise, as banks get an ECB wind-down boost
European stocks rose Thursday, as bank shares keyed off a global rise in bond yields after European Central Bank officials indicated they’ll start talking about exiting the central bank’s massive bond-buying program......»»
Futures Movers: Brent oil prices head for 6-week low on expectations of OPEC output hike
Oil futures drop by roughly 3% Friday, with global benchmark Brent crude poised for the lowest settlement since early May on expectations OPEC and its allies will agree next week to boost output......»»
Futures Movers: Global oil benchmark ends at 6-week low on expectations for OPEC output hike
Oil futures drop sharply on Friday, ending the week lower, with global benchmark Brent crude settling at its lowest since early May on expectations OPEC and its allies will agree next week to boost output......»»