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Tag Archives: crude futures

Asian stocks mixed on oil price rally, central banks watch

MANILA, Philippines (AP) — Asian stocks were mixed Wednesday after an overnight surge in oil prices raised questions about the outlook for the energy sector. Investors are watching for the outcome of policy meetings by the U.S. Federal Reserve and Bank of Japan. KEEPING SCORE: Japan’s benchmark Nikkei 225 lost 0.4 percent to 17,276.52. Hong Kong’s Hang Seng fell 0.2 ...

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US stocks rise with oil prices, machinery companies climb

NEW YORK (AP) — U.S. stocks are moving higher Tuesday morning as energy companies rise with the price of oil. Earnings reports are driving much of the action. Grocery store chain SuperValu is climbing, while appliance maker Whirlpool is falling sharply. KEEPING SCORE: The Dow Jones industrial average gained 45 points, or 0.3 percent, to 18,022 as of 10:18 a.m. ...

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Economic pain predicted in Oklahoma amid slumping oil prices

OKLAHOMA CITY (AP) — Slumping energy prices and dwindling tax collections already have punched a $1.3 billion hole in Oklahoma’s budget for next year, but there may be more economic “pain on the horizon,” one of the nation’s top ratings agency said Tuesday. Moody’s Investors Service released detailed reports on California, North Dakota and Oklahoma as part of its research ...

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US stocks waver early as investors eye company earnings

U.S. stock indexes wavered between small gains and losses in early trading Wednesday as investors sized up the latest company earnings and deal news. Consumer staples companies were down the most, while health care and financial companies moved higher. KEEPING SCORE: The Dow Jones industrial average rose six points to 18,060 as of 10:07 a.m. Eastern time. The Standard & ...

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Global stocks rally as oil price climbs, optimism increases

SEOUL, South Korea (AP) — Global stock markets rallied on Tuesday as a rebound in oil prices and upbeat economic data brightened investor sentiment. KEEPING SCORE: Europe tracked Asia higher, with Britain’s FTSE 100 up 0.3 percent to 6,371.12 and France’s CAC 40 up 1.0 percent to 4,553.44. Germany’s DAX was the standout performer, jumping 2.3 percent to 10,355.62, after ...

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Oil meeting in Qatar collapses without freeze as Iran absent

DOHA, Qatar (AP) — A meeting of oil-rich countries in Qatar that had been expected to boost crude prices by freezing production fell apart Sunday as Iran stayed home and vowed to increase its output despite threats by Saudi Arabia. Oil prices, which hit a 12-year low in January by dipping under $30 a barrel, had risen above $40 in ...

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US stocks slip as oil prices skid ahead of OPEC meeting

NEW YORK (AP) — U.S. stocks are taking small losses Friday morning as energy companies are slipping with the price of oil. Citigroup became the latest bank to report weak but better-than-expected results for the first quarter. MORNING RUSH: The Dow Jones industrial average fell 28 points, or 0.2 percent, to 17,898 as of 10:10 a.m. Eastern time. The Standard ...

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US stocks steady ahead of global economic talks

LONDON (AP) — U.S. stocks are little changed as investors weigh first quarter results from several financial companies and look ahead to weekend meetings on economics and oil. Oil prices slipped early Friday, dragging energy companies lower. Citibank said first quarter profit declined sharply, but results beat expectations and Citi shares rose 2.4 percent. This weekend, finance ministers from leading ...

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US stocks rise as surge in oil prices lifts energy companies

NEW YORK (AP) — U.S. stocks are mostly higher in Friday trading as the price of oil jumps for the second time in three days. Energy companies are getting a boost. Retailers are struggling after some weak sales reports, and drug companies are losing ground. KEEPING SCORE: The Dow Jones industrial average picked up 48 points, or 0.3 percent, to ...

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US stock indexes are edging lower in afternoon trading

FILE - In a March 30, 2016 file photo, trader William McInerney, left, and specialist Jay Woods work on the floor of the New York Stock Exchange. Stock indexes were trading in a narrow range in early trading Monday, April 4, 2016, as investors worked through several company announcements. Global markets were modestly higher. (AP Photo/Richard Drew, File)

NEW YORK (AP) — U.S. stock indexes were slightly lower in quiet trading Monday, as investors worked through several company announcements. Health care companies were solidly higher. Global markets rose modestly. KEEPING SCORE: The Dow Jones industrial average slipped four points, or less than 0.1 percent, to 17,788 as of 12:25 p.m. Eastern. The Standard & Poor’s 500 index was ...

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