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Tag Archives: benchmark crude

Stocks end mixed as crude oil dives and safety stocks fall

NEW YORK (AP) — U.S. stocks swerved between gains and losses Thursday and wound up with a muddled finish as the price of oil plunged. Investors also sold utility and phone company stocks. They have favored those companies all year, especially in the wake of Britain’s vote to leave the European Union last month. Stocks started higher, building on gains ...

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Crude, energy stocks fall again

wall street, financial markets, oil price

U.S. stocks indexes headed sharply lower in afternoon trading Monday as investors grappled with the fallout of Britain’s vote to leave the European Union. European stock markets extended their losses from Friday. The British pound, which last week plunged to its lowest level since 1985, continued to fall as traders expected the British economy would take a hit. On Wall ...

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Global markets drop as Bank of Japan stands pat on stimulus

MANILA, Philippines (AP) — Global stocks fell Thursday after the Bank of Japan kept its monetary policies unchanged and as investors turned their attention to next week’s “Brexit” vote on whether Britain should exit the European Union. KEEPING SCORE: Britain’s FTSE 100 fell 0.7 percent to 5,927 and Germany’s DAX dropped 0.9 percent to 9,520. France’s CAC 40 was down ...

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US stocks tumble as oil prices drag energy companies down

NEW YORK (AP) — U.S. stocks are skidding Friday as a drop in oil prices takes energy companies sharply lower. Banks are falling again as bond yields continue to shrink. The losses wiped out most of the market’s gains from earlier this week. KEEPING SCORE: The Dow Jones industrial average sank 105 points, or 0.6 percent, to 17,879 as of ...

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US stocks tumble as banks and tech stocks fall

NEW YORK (AP) — U.S. stocks are skidding Friday morning and returning more of their gains from earlier in the week. Banks are falling again as bond yields continue to plunge, and energy companies are slipping with the price of oil. KEEPING SCORE: The Dow Jones industrial average sank 144 points, or 0.8 percent, to 17,841 as of 10:12 a.m. ...

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US stocks rise as weaker dollar lifts machinery companies

NEW YORK (AP) — Stocks are rising Wednesday morning as machinery and chemicals companies get a boost from the weaker dollar. Energy companies are edging higher as the price of oil continues to rise. Payment terminal maker VeriFone is tumbling after cutting its expectations and saying it will eliminate jobs. KEEPING SCORE: The Dow Jones industrial average edged up 45 ...

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Federal Reserve relief and oil prices send stocks higher

NEW YORK (AP) — Stocks jumped Monday after Federal Reserve Chair Janet Yellen again managed to soothe investors’ jangled nerves. The Standard & Poor’s 500 index made its highest close in 2016, and oil prices also reached their highest levels of the year. Market indexes were higher all day. They weakened a bit during Yellen’s remarks, but rose further as ...

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After an early wobble, US stocks close higher

U.S. stocks rebounded from an early slide Thursday, nudging the Standard & Poor’s 500 index and Nasdaq composite to their highest close of the year. Health care companies led the comeback. Energy stocks declined the most following a meeting of OPEC ministers that ended without an agreement on crude production cuts. A late-afternoon reversal delivered the second gain in two ...

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US stocks slide following late slump in oil prices

NEW YORK (AP) — U.S. stock indexes are falling Tuesday afternoon and energy companies are sliding with the price of oil. Makers of household products are trading lower following mixed reports about consumer behavior in the U.S. KEEPING SCORE: The Dow Jones industrial average dropped 101 points, or 0.6 percent, to 17,771 as of 3:34 p.m. Eastern time. The Standard ...

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US stock indexes slip as consumer goods makers fall

NEW YORK (AP) — U.S. stock indexes are mostly lower Tuesday morning. Consumer goods companies are falling despite a report that showed spending by consumers jumped last month by the largest amount in six years. Major U.S. indexes are wrapping up a strong month that has brought them near their highest levels of 2016. KEEPING SCORE: The Dow Jones industrial ...

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