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Tag Archives: U.S. crude

Stocks slip as jobs report shows hiring slowdown

NEW YORK (AP) — Stocks were slightly lower in early trading Friday after a report on the U.S. economy showed a significant slowdown in hiring last month, echoing weakness seen earlier in the week in Europe and Asia. TAKING SCORE: The Dow Jones industrial average lost 20 points, or 0.1 percent, to 17,640 as of 10:03 a.m. Eastern. The Standard ...

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Global stocks gain as oil price extends recovery

Global stocks gain as oil price extends recovery

SEOUL, South Korea (AP) — Global stocks mostly posted strong gains on Thursday as a rebound in the price of oil and solid U.S. manufacturing data boosted investor sentiment. KEEPING SCORE: In Europe, Germany’s DAX was up 1.6 percent to 9,522.40 and France’s CAC 40 traded 0.8 percent higher at 4,266.89. But Britain’s FTSE 100 edged down 0.3 percent to ...

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U.S. crude rises after inventory drawdown at Cushing hub

TOKYO – U.S. crude futures rose from multi-week lows in thin early Asian trade on Wednesday after an industry group reported that stocks fell at the Cushing hub in Oklahoma, the delivery point for U.S. oil contracts. Crude stocks at the Cushing delivery hub fell by 748,000 barrels, data from the industry group, the American Petroleum Institute, showed late on ...

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