Posts Tagged

crude oil

Business Headlines

published Jun 9th 2016, 3:45 pm, by Anna-Louise Jackson (Bloomberg) — U.S. stocks edged lower, with the S&P 500 Index slipping from a 10-month high, as investors evaluated the gauge’s run toward a record amid lingering concerns about the impact of lackluster global growth. Equities staged an afternoon rebound as

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Business Headlines

published Jun 2nd 2016, 8:07 pm, by Emma O’Brien (Bloomberg) — Asian equities tracked the U.S. rebound, rallying as the S&P 500 Index’s climb to a seven-month high bolstered optimism ahead of jobs data that’s likely to color speculation around Federal Reserve policy. Gold extended its slump. Japanese shares drove

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Business Headlines

published Apr 7th 2016, 6:15 pm, by James Paton (Bloomberg) — Oil reversed losses amid speculation about whether an accord can be reached at a meeting between OPEC members and Russia on freezing oil production. Futures rose as much as 1.2 percent in New York after slipping 1.3 percent Thursday.

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Business Headlines

©2016 Bloomberg News O2ZA086TTDS6 (Bloomberg) — A global equity rally stumbled as Asian gauges swung between gains and losses, while U.S. index futures dropped. Crude slumped, the yuan weakened and the yen climbed. Benchmark equity indexes in Japan, China and South Korea turned lower, while contracts on the Standard & Poor’s

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Business Headlines

©2015 Bloomberg News O054ID6JIJUU (Bloomberg) — Crude climbed as traders counted on another week of declines in U.S. crude inventories to help ease the glut that’s pushed prices below $40 a barrel. Futures rose 2.9 percent in New York, paring Monday’s 3.4 percent slide. U.S. crude stockpiles probably fell a

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Business Headlines

©2015 Bloomberg News NUUPGX6KLVR9 (Bloomberg) — The biggest collapse in commodity prices in a generation is giving some investors the best returns of any asset class. Over the past 12 months, eight of the 10 best-performing U.S. exchange-traded funds were securities that benefited from declines in raw-material prices, with five

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