The next milestone for Brent prices is a rise above $60, a level not seen since late January 2020.
Shares of social media and other tech companies slid on Monday, hit by fallout from the siege on the US Capitol by supporters of President Donald Trump
Among the S&P's 11 major industry indexes, consumer discretionary and communications services were the biggest percentage decliners
This comes after Donald Trump last month barred U.S. investments in Chinese firms Washington says are owned or controlled by the military
The NYSE has started proceedings to delist the securities of three Chinese companies, China Telecom Corp, China Mobile and China Unicom
IPOs have been on a tear this year, as companies rode the stock market rally that followed the coronavirus-induced slump. They totaled $220 billion globally, up 25% year-to-date
(Reuters) - Shares of electric carmaker Tesla were down ahead of their debut on the S&P 500 on Monday, as worries over a fast-spreading new coronavirus strain in Britain weighed on markets.
The Dow Jones Industrial Average fell 20.05 points, or 0.07%, at the open to 30,159.00
(Reuters) - The S&P 500 jumped to an all-time high on Friday as data showing the slowest jobs growth in six months reinforced expectations for a new fiscal stimulus bill to help revive the economy from its worst downturn in decades.
The Biden team is poised to include alumni of finance, venture capital, private equity and asset management
(Reuters) - Wall Street fell on Wednesday, with the S&P 500 and the Nasdaq retreating from the record levels hit in the previous session as fewer-than-expected private job additions in November added to concerns about the near-term pressure on the economy.
With about $11 trillion in funds tied to the S&P 500, money managers have been looking toward a few busy weeks ahead no matter how Tesla was included in the index
(Reuters) - The S&P 500 and the Nasdaq hit record highs on Tuesday as hopes that a COVID-19 vaccine will be available soon and better-than-expected factory data from China bolstered bets of a speedy economic recovery.
The primary analysis, which included 196 cases, found the vaccine was 94.1 per cent effective, in line with preliminary findings released earlier this month.
The Dow is on track for its biggest monthly gain since 1987
Shares in China rose 0.37% after data showed Chinese industrial profits hit a nine-year high. South Korean stocks also rose 0.05%
The MSCI world equity index, which tracks shares in 49 countries, hit an all-time high on Wednesday
The S&P 500 and the Dow Jones Industrial Average retreated from record closing highs, pulled lower by cyclicals and small caps that drove the rally earlier in the week
At 30,000 points the Dow could lure in small investors still on the sidelines who are now eager to share in the market exuberance
Yellen is seen returning clarity on the U.S. strong-dollar policy, stabilizing the $6.6-trillion-a-day currency market that's the backbone of global finance and commerce