Oil prices jump 7% and stocks drop
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Investors are waiting for a series of readings on U.S. price pressures, and two important auctions of Treasury debt.
U.S. stocks rose as Oracle's upbeat AI-fueled forecast lifted investor sentiment, countering Middle East tensions and Boeing's losses after a crash. Oracle's shares surged by 14%, boosting the tech sector.
NEW YORK, Sept 27 (Reuters) - A global index of stocks closed Wednesday's choppy session slightly lower to extend the previous day's sharp sell-off, as oil prices rallied and U.S. Treasury yields ...
The point gains in the Dow match the epic 1999 stock rally for the fastest-ever thousand-point milestone, and set a new standard for the fastest-ever 2,000-point milestone. Stocks were powered in ...
Global stocks rose while the dollar weakened as U.S.-China trade discussions commenced in London. Markets remained optimistic despite restricted rare earth exports. Wall Street saw mixed results; small-cap stocks performed well.
Shares in China’s Contemporary Amperex Technology (CATL), the world’s largest electric vehicle battery maker, have surged as much as 18% on its first day of trading in Hong Kong, shrugging off geopolitical uncertainties.
Almost every major yardstick for global stock prices ended the year with double-digit percentage gains as improving economic growth and sturdy corporate profits coaxed investors to buy.
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