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Tag Archives: Wall Street

Oil closes near $50 as US stocks claw back half ground lost after “Brexit” vote

oil price, Brexit

U.S. stocks were on track to close sharply higher in late-afternoon trading Wednesday, echoing strong gains in global markets as investor worries about Britain’s vote to leave the European Union eased. Traders also got encouraging data on U.S. consumer spending. Energy companies led the rally as the price of crude oil closed higher. Health care, industrials and financials stocks were ...

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Global stocks mostly higher as crude oil rises

global stocks

TOKYO (AP) — Global stocks mostly rose Tuesday as a jump in oil prices, a weaker yen and optimism on Wall Street helped to offset worries over China’s growth. KEEPING SCORE: France’s CAC 40 added 0.1 percent to 4,315, while Germany’s DAX shed 0.1 percent to 9,941. Britain’s FTSE 100 gained 0.5 percent to 6,181. U.S. shares were set for ...

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US stocks slip, oil hits highest price since November

US stocks slip, oil hits highest price since November

NEW YORK (AP) — U.S. stocks are slightly lower in Wednesday morning trading as tech stocks are hammered following weak results from Apple and Twitter. Energy companies continue to rise as the price of oil reached its highest price since November. KEEPING SCORE: The Dow Jones industrial average dipped 40 points, or 0.2 percent, to 17,950 as of 10:06 a.m. ...

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US stock indexes edge lower in early trading; oil slides

US stock indexes edge lower in early trading; oil slides

U.S. stock indexes edged lower in early trading Thursday as investors pored over the latest crop of company earnings news. Telecom services and consumer staples companies were down the most. Oil prices were also headed lower. The stock market is coming off a three-day winning streak. KEEPING SCORE: The Dow Jones industrial average fell 39 points, or 0.2 percent, to ...

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