US oil was last trading above $65 per barrel for the first time since January 2020. Brent crude futures, the global benchmark, are near $68.50. UBS oil analyst Giovanni Staunovo thinks US oil prices will rise to $72 per barrel later this year if the expected surge in demand for energy...
US stock futurespoint higher. The Dow is set to rise 85 points, or 0.3%. The Nasdaq and S&P 500 could jump 0.4% and 0.3%, respectively. European marketsopened up afterstocks in Asiaposted significant gains. Britain’sFTSE 100rose 0.5% in early trading, and France’sCAC 40climbed 0.2%....
5. Global market overview:US stock futureswere lower. European marketsdropped in early trade following a negative trading session inAsia. The Shanghai Composite was closed for a holiday. TheDow Jones industrial averageclosed 0.2% higher on Wednesday, while theS&P 500added 0.1% and theNasdaqgained...
London CNN Business — Mass layoffs tied to the coronavirus pandemic sparked a surge in the number of Americans who filed for their first week of unemployment benefits — the latest sign that the US economy is in for a deep recession as shutdowns aimed at containing the virus continue. ...
3. Market relief: US stock futures point to another day of gains on optimism that central banks are preparing for more easing. The Dow is poised to rise about 70 points, or 0.3%. The Nasdaq and S&P 500 are set for similar jumps. European markets were also higher in early trading. ...