Tag: CLU22

Dow up 200 points, stocks hit 6-week highs as investors shrug off weak GDP numbers

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US stocks rallied to their highest level in more than six weeks Thursday as investors digest second-quarter GDP data as well as a flurry of corporate earnings reports, and the latest interest rate-hike from the Federal Reserve. How stocks are trading The Dow Jones Industrial Average DJIA, +0.61% gained 213 points, or 0.6%, to 32,412….

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Oil prices settle higher; natural-gas futures rally by more than 5%

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Oil futures settled higher on Monday, with the US benchmark remaining below the $100-a-barrel threshold ahead of this week’s Federal Reserve decision on interest rates that’ll likely provide clues to the energy demand outlook. Natural-gas futures, meanwhile, rallied as hot weather fed US demand and reduced Russian gas flows through a key pipeline lifted European…

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US oil prices fall more than 3% as weaker gasoline demand allows fuel inventories to rise

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Oil futures fell sharply on Thursday, extending a decline seen after a counter-seasonal rise in US gasoline inventories reflecting falling demand. Also on Thursday, prices for natural-gas futures gave up early losses to turn higher after US government data revealed a smaller-than-expected weekly rise in domestic supplies of the fuel. Meanwhile, Russia resumed natural-gas flows…

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