Crude Reality: Oil Prices Take a Dip as Markets Assess China’s Rate Cut and Gloomy Economic Outlook
Oil prices retreated in Asian trade on Tuesday as investors weighed another interest rate cut in China against increasing pessimism over its economic prospects this year, while caution over U.S. monetary policy also persisted. Brent oil futures fell 0.3% to $75.86 a...Dow futures trade lower after public holiday
Stock futures ticked lower on Monday evening, following a public holiday as investors looked ahead to key speeches from Fed officials and FOMC members throughout the week. By 6:20pm ET (10:20pm GMT) Dow Jones Futures fell 0.3%, while S&P 500 Futures and Nasdaq 100...Fed, SEC Probing Goldman Sachs’ Role in Silicon Valley Bank’s Final Days
(Reuters) -The U.S. Federal Reserve and the Securities and Exchange Commission are investigating Goldman Sachs Group’s role in two deals with Silicon Valley Bank that preceded the latter’s collapse, the Wall Street Journal reported on Thursday citing...S&P 500, Nasdaq rally for sixth straight day as traders hope Fed’s rate-hiking cycle is nearly over
The Dow Jones Industrial Average on Thursday rallied more than 400 points and the S&P 500 touched a fresh 13-month high, as investors bet the Federal Reserve was close to done raising rates after the central bank this week skipped a hike. The 30-stock Dow added...