While you were sleeping: Macy’s, Kohl’s soar
By Margreet Dietz Aug. 12 (BusinessDesk) - Wall Street rose to records as shares of Macy’s and Kohl’s rallied, while oil prices gained amid fresh Saudi Arabia comments on talks about curbing output. In 3.04pm trading in New York, the Dow Jones Industrial Average rose 0.7 p...
While you were sleeping: Energy stocks, oil slide
By Margreet Dietz Aug. 11 (BusinessDesk) - Wall Street fell as energy stocks moved lower with the price of oil amid fresh signs of an unabated global glut. Oil weakened as American Petroleum Institute data showed inventories rose. Meanwhile, Saudi Arabia told OPEC that it...
While you were sleeping: Gap shares slide
By Margreet Dietz Aug. 10 (BusinessDesk) - Wall Street was mixed along with the latest US economic data, while oil prices moved lower as did the greenback, though sentiment remains upbeat. Wall Street is trading near record highs. In 3.17pm trading in New York, the Dow Jon...
While you were sleeping: Oil, greenback gain
By Margreet Dietz Aug. 9 (BusinessDesk) - Wall Street moved lower from record highs, while oil prices and the US dollar firmed amid talk about fresh efforts to curb a global glut and increased bets that the Federal Reserve will raise interest rates this year after all. In 3...
Prev
