Oil futures fell sharply Monday after a three-day weekend, with weakness attributed to concerns over the decision by the Organization of the Petroleum Exporting Countries and its allies to ease output curbs, along with indications more supply from Iran is making its way to market. West Texas Intermediate crude for …
Read More »Futures Movers: Oil prices sink 4% as European COVID curbs raise demand worries
Oil futures fell sharply Tuesday, with concerns that renewed lockdowns to combat the coronavirus pandemic in Europe would crimp energy demand helping to send U.S. prices below the key $ 60 mark. “Optimism around a swift global economic recovery has recently been dampened by setbacks in vaccine rollouts in parts …
Read More »Futures Movers: Oil prices head lower, eyeing their first session loss of the month
Oil futures headed lower on Tuesday, poised to post their first session loss of the month, as prices looked to halt a multi-session streak of gains and eased back from their highest levels in more than a year. “After losing momentum through much of January trading, the crude complex has …
Read More »: U.S. stock futures flat as 2021 trading kicks off
U.S. stock-market futures opened flat late Sunday, in the first trading session of the new year. Dow Jones Industrial Average futures YM00, +0.01%, S&P 500 futures ES00, +0.05% and Nasdaq-100 futures NQ00, +0.05% were little changed. U.S. stocks finished higher Thursday, the last trading day of 2020, with the Dow …
Read More »Metals Stocks: Gold futures on track for 3rd straight weekly gain
Gold prices on Friday were set to take a pause from a recent series of gains that have taken it to around a six-week high, but the precious metal was on pace for its third consecutive weekly advance. Precious metals have been partly supported by central banks that have vowed …
Read More »Futures Movers: Oil prices fall as OPEC+ debates expansion of output cuts
Oil futures fell Monday, under pressure as the Organization of the Petroleum Exporting Countries and its allies debate the fate of existing output curbs in the face of a renewed rise in COVID-19 cases in the U.S. and Europe. But crude was still set to log a large monthly rise …
Read More »Market Extra: Dow futures rise nearly 200 points Tuesday evening after big regular-session rally on Election Day
U.S. stock-market futures on Tuesday evening tilted higher after a big rally in the regular session and as the votes of hundreds of millions of Americans were being tallied in the crucial election between President Donald Trump and former Vice President Joe Biden. Stock investors are betting that a decisive …
Read More »Europe Markets: Dow futures slide 500 points and European equity futures drop as Big Tech earnings, COVID-19 and election worries weigh
A man’s reflection is shown in Apple’s flagship store in Madrid’s Puerta del Sol on Oct. 26, 2020. It remains closed due to the pandemic. MarketWatch/Kollmeyer European and U.S. equity futures pointed to losses for markets on Friday, with investors reacting to some disappointment over Apple and Amazon.com earnings, as …
Read More »Futures Movers: Oil prices retreat as constrained supplies come back on line
Crude-oil futures traded lower Monday, pressured after Libya lifted force majeure at its largest oil field, producers began restoring output in the Gulf of Mexico following Hurricane Delta and the end of a strike by Norwegian oil workers. West Texas Intermediate crude for November delivery CL.1, -2.85% fell $ 1.28, …
Read More »