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Tag Archives: energy markets

Stocks fall before Fed meeting; LinkedIn soars on buyout

NEW YORK (AP) — U.S. and global stocks were lower Monday, as investors waited to see what the Federal Reserve would do with interest rates later this week and awaited the fate of Britain’s membership in the European Union. LinkedIn shares jumped after Microsoft announced plans to buy the company. KEEPING SCORE: The Dow Jones industrial average lost 44 points, ...

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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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Global stocks slide amid concerns about world economy

MANILA, Philippines (AP) — Global stocks fell on Thursday as investors worried about the health of the global economy given the Federal Reserve’s cautious stance about raising its interest rates. Financial markets were closed for holidays in China, Hong Kong and Taiwan. KEEPING SCORE: In Europe, Britain’s FTSE 100 slid 0.9 percent at 6,248 and Germany’s DAX fell 1.2 percent ...

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US stocks climb, led by energy companies as oil prices rise

NEW YORK (AP) — U.S. stocks are solidly higher Monday morning as energy companies rise along with the price of oil. Fertilizer companies are also gaining ground, but retailers are slumping. KEEPING SCORE: The Dow Jones industrial average gained 91 points, or 0.5 percent, to 17,897 as of 10:05 a.m. Eastern time. The Standard & Poor’s 500 index rose 8 ...

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Energy, utilities lead a slide in stocks; oil prices fall

U.S. stock indexes edged lower in morning trading Thursday, paring some of their early losses. Energy companies were down following a drop in the price of oil after a meeting of OPEC ministers ended without an agreement on crude production cuts. Utilities also fell. KEEPING SCORE: The Dow Jones industrial average fell 20 points, or 0.1 percent, to 17,769 as ...

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Global stocks, oil edge up as OPEC weighs output deal

MANILA, Philippines (AP) — Global stocks and the price of oil edged higher Thursday as OPEC countries discussed ways to control production and re-assert their influence over energy markets. Investors were also keeping an eye on the European Central Bank for hints on the economic outlook. KEEPING SCORE: Britain’s FTSE 100 was up 0.5 percent to 6,220 and France’s CAC ...

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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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Oil hits $50 for first time this year, helping stocks higher

LONDON (AP) — Stock markets around the world edged higher Thursday as traders interpreted the rise in oil prices to $50 a barrel for the first time this year as a positive sign for the global economy. KEEPING SCORE: In Europe, Britain’s FTSE 100 was up 0.1 percent at 6,271 while France’s CAC rose 0.7 percent to 4,511. Germany’s DAX ...

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