02072016Sun
Last update: Sun, 07 Feb 2016 10pm

Americas

Markets - Equity - Americas

TSX jumps as oil price gains drive up energy shares TORONTO: Canada's main stock index rose on Thursday as a rally in crude oil prices helped the battered energy sector rebound, while financial stocks saw more modest gains amid speculation the Bank of Canada will cut its key interest rate next week. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 165.49 points, or 1.36 percent, at 12,335.90. Nine of the 10 main sectors on the index were higher.Copyright Reuters, 2016 ...

Markets - Equity - Americas

Energy leads Wall St rebound, volume strong NEW YORK: US stocks rebounded on Thursday as investors snapped up battered shares including those in the energy sector, while financials rose after upbeat results from JPMorgan Chase & Co. The Dow Jones industrial average rose 226.34 points, or 1.4 percent, to 16,377.75, the S&P 500 gained 31.48 points, or 1.67 percent, to 1,921.76 and the Nasdaq Composite added 88.94 points, or 1.97 percent, to 4,615.00. Close to 10 billion shares were traded in US ...

Markets - Equity - Americas

US shares struggle after Wednesday's rout NEW YORK: Wall Street shares struggled against heavy selling pressure in the tech sector in early trade Thursday, after sharp losses in Tokyo and Asia bourses.A turnaround in Chinese shares, a rebound in crude oil prices and JPMorgan Chase's forecast-beating fourth-quarter earnings were not enough to reverse Wednesday's steep losses.About 45 minutes into trade, the blue-chip Dow Jones Industrial Average, which plummeted 2.2 percent Wednesday, was up 10.99 points (0.7 percent) at 16,162.40.The S&P 500 ...

Markets - Equity - Americas

Wall St. plunge kills hopes of global markets turnaround NEW YORK: A heavy selloff on Wall Street Wednesday cut short a two-day rally and smothered hopes of a sustained turnaround on battered global markets.There was no clear catalyst for the plunge, which saw the Dow Jones Industrial Average of blue chips sink 2.2 percent and the Nasdaq Composite lose 3.4 percent.The losses came after the weekly US oil stockpiles report showed another surge in fuel stocks, cutting short a rally in crude prices and ...

Markets - Equity - Americas

Wall Street falls sharply; Brent crude dips below $30 NEW YORK: US stocks sold off sharply on Wednesday as a brief rally in beaten-down oil prices stalled after U.S. data added to concerns about an oversupplied energy market.Major U.S. stock indexes were all off at least 2 percent, with the Nasdaq down more than 3 percent. The pan-European FTSEurofirst 300 index closed up 0.4 percent, well off its highs.Benchmark Brent crude slipped below $30 a barrel, a day after U.S. oil prices breached that ...

Markets - Equity - Americas

Wall Street closes strong; oil dips below $30 NEW YORK: US and European stock investors bought beaten-down shares on Tuesday, at least temporarily looking past another steep drop in oil prices that briefly sent U.S. crude below $30 a barrel.Major U.S. stock indexes finished strong in a volatile trading session. The pan-European FTSEurofirst 300 index climbed 1.1 percent after four sessions of declines.Volatile Chinese markets and the deepening oil slide have shaken sentiment in equities at the start of 2016. China stocks closed ...

Markets - Equity - Americas

TSX rises, financials advance amid broad-based gains TORONTO: Canada's main stock index rose on Tuesday as firming crude oil prices helped support the resource-linked market. The Toronto Stock Exchange's S&P/TSX composite index was up 77.22 points, or 0.63 percent, at 12,396.47, shortly after the open. Of the index's 10 main groups, nine were in positive territory.Copyright Reuters, 2016 ...