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Tag Archives: Oil price

US stocks barely budge as banks slip after two-day surge

NEW YORK (AP) — U.S. stocks are hardly budging Thursday morning after big gains over the last two days. Banks and chemicals companies are down the most. However retailers, which have been pummeled in recent weeks, traded higher following a group of strong earnings reports. KEEPING SCORE: The Dow Jones industrial average fell 2 points to 17,849 as of 10:15 ...

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Global stock markets rally on US recovery hopes

global stock market

SEOUL, South Korea (AP) — Global stock markets rallied Wednesday as solid U.S. data raised expectations for a strong recovery in the world’s largest economy. European stocks were buoyed also by a deal to get Greece more rescue loans. KEEPING SCORE: Britain’s FTSE 100 rose 0.6 percent to 6,255 while France’s CAC gained 0.9 percent to 4,472. Germany’s DAX advanced ...

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European stocks in narrow ranges ahead of Yellen speech

FILE - In this Aug. 8. 2011 file photo, a Wall Street sign hangs near the New York Stock Exchange, in New York. Global shares rose Friday, March 11, 2016 with Europe off to a strong start as investors reassessed an unexpectedly wide array of stimulus measures announced a day earlier by the European Central Bank.(AP Photo/Jin Lee, File)

LONDON (AP) — Following a long weekend, European stock markets are trading in fairly narrow ranges Tuesday ahead of a speech from U.S. Federal Reserve Chair Janet Yellen. KEEPING SCORE: In Europe, France’s CAC 40 added 0.6 percent to trade at 4,356 but Germany’s DAX was steady at 9,850. The FTSE 100 index of leading British shares was also flat ...

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Marcellus Top 5 Stories of the Week March 12-18

News that interested readers in the Marcellus region didn’t necessarily focus on Pennsylvania and Ohio this past week. For this week’s Top 5, it seems energy headlines from all across the country as well as news from overseas resonated instead, from news of former Chesapeake CEO Aubrey McClendon’s fatal car accident to news out of China. And while talk about oil ...

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Oil price appears to have ‘bottomed out,’ energy agency says

Oil price appears to have 'bottomed out,' energy agency says

PARIS (AP) — The organization that represents major oil-consuming nations said Friday that signs of a market that has “bottomed out” are emerging. U.S. crude prices jumped to a high for the year. Brent crude, used as a global benchmark, hit a high for the year Tuesday and rose 1 percent Friday. Energy companies have been shutting down rigs and ...

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Global stock markets, oil price turn lower

Global stock markets, oil price turn lower

NEW YORK (AP) — U.S. stocks are opening lower as another drop in the price of oil and some weak corporate earnings got trading off to a gloomy start. Oil companies sank along with the price of crude early Friday. Chevron fell 1 percent. Several companies were also falling after releasing weak earnings or outlooks. Deere & Co. and Nordstrom ...

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US stocks open higher as oil rebounds, banks rise

U.S. stocks opened higher, seeking their first gain this week, as beaten-down energy and financial companies rebounded. Banks rose Friday after Deutsche Bank offered to buy more than $5 billion in bonds. Its shares were up 9 percent. JP Morgan Chase was up 5 percent. Oil jumped 6 percent, helping to lift energy company shares. Drilling company Transocean was up ...

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Stocks fall sharply, oil drops back below $30

trader on stock floor.

Steep losses in financial, technology and other companies sent U.S. stocks sharply lower in afternoon trading Monday, pulling the Dow Jones industrial average down 400 points. The decline followed drops in Europe and set the market on course for its second big loss in a row. Crude oil prices slumped again. KEEPING SCORE: The Dow Jones industrial average fell 396 ...

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Gas prices still dropping across northern New England

CONCORD, N.H. (AP) — Gas prices keep dropping across northern New England. Among the three states, the price-tracking website GasBuddy.com says gasoline prices are lowest in New Hampshire, where the average price fell 3.2 cents per gallon last week to $1.76. The average price per gallon in Maine was $1.85 down 3.2 cents from last week. In Vermont, the average ...

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