The dollar snapped a two-week losing streak against the euro Friday as investor optimism about the course of Federal Reserve interest-rate hikes in 2016 helped support the U.S. currency. Read More
All three major indexes extended losses on Friday, falling more than 1.5 percent, and were on track for their worst weekly performance in a month as growing oversupply concerns dragged down crude oil prices to their 7-year lows.
Wall Street was set for kicking off December on an upbeat note on Tuesday, with stock futures tracking a positive session in Asia ahead of closely watched economic events this week that could determine future U.S. monetary policy.
Oil prices fell Friday, pressured by a stronger dollar and growing pessimism that the global oversupply of crude remains strong.
January crude closed down $1.33, or 3.1%, to $41.71 a barrel on the New York Mercantile Exchange. Read More
The S&P 500 index logged its best weekly gain in nearly a year Friday after a series of strong earnings, particularly from retailers, helped boost the stock-market benchmark.
Comments from a number of Federal Reserve offici Read More
Oil prices kicked off the week higher, helped by data indicating China's appetite for crude oil remains strong and a further fall in U.S. drilling activity.
Upbeat comments about global demand for crude by officials from the Or Read More
Oil prices slipped Friday as the dollar surged after China introduced new stimulus measures to boost its flagging economy.
The benchmark U.S. crude contract ended down 78 cents, or 1.7%, at $44.60 a barrel on the New York Merca Read More
U.S. stocks traded lower in afternoon activity Monday, as steep losses in energy stocks, following a drop in oil prices, continued to weigh on the main indexes.
The S&P 500 was off by 5 points, or 0.3%, to 2,027, with seven Read More
European stock markets closed with gains for a fourth straight session on Wednesday, with miners and oil companies providing a big lift.
The Stoxx Europe 600 finished up 0.1% at 360.93, ending well off its session high but stil Read More
Oil prices rebounded on Thursday from sharp falls in the previous session, but gains continue to be capped by worries about the oversupply of crude and a slowdown in the Chinese economy.
Brent, the global benchmark, rose 18 cen Read More