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Wall Street Declines Following Jobs Data Keeps Rate Hike On Pace

On Friday, Wall Street opened lower after weaker-than-anticipated September jobs reports and minimal effect of the chances of an interest rate hike by the end of this year. U.S. employment growth slowed...

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U.S. Job Growth Decelerates , Affects Case for Fed Rate Hike

Last month, U.S. employment growth surprisingly slowed for the third consecutive month and the jobless rate increased, which could make the Fed more cautious about hiking interest rates. Nonfarm payrolls...

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Wall Street Drops as Focus Adjusts to Jobs Report

Wall Street saw minimal changes on Thursday, a day before of a crucial employment report that would show whether the economy is strong enough to handle an interest rate hike. A increasing amount of U.S....

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Oil Gains to Four-Month Highs as Output Curbs Remain OPEC Focus

On Thursday, Oil increased 1%, reaching four-month highs, supported by news of another informal OPEC meeting on curbing output and a unexpected fall in U.S. crude stocks. Despite volatile trading following...

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U.S. jobless Claims Decrease, Indicating Labor Market Strength

The amount of Americans filing for unemployment benefits dropped unexpectedly last week close to 43- year lows, a signal of the labor market tightening, which may underpin an interest rate hike by the U.S....

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Oil HIkes More Than 2 percent to June Highs on Another U.S. Crude Drawdown

On Wednesday, oil prices reached session highs, increasing to their highest levels since June, after the United States Government reported another unexpected weekly drawdown in crude inventories. Brent...

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Wall Street Advances as Oil Ignites Energy Shares

On Wednesday, U.S. stocks increased following oil prices gaining to their highest levels since June and ignited a spark in energy shares. Brent crude futures advanced 1.9 percent to $51.84, underpinned...

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U.S. Trade deficit Expands in August on Advancing Imports

In August, the U.S. trade deficit gained more than anticipated in August, as a increase in imports offset higher exports. On Wednesday, the Commerce Department commented, the trade gap grew 3% to $40.73...

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Sterling Falls to 31-year Lows, Oil Edges Higher

Sterling fell to a 31-year low against the U.S. dollar on Tuesday as worries over Brexit were compounded by the renewed strength of the greenback on a recent flurry of better-than-anticipated economic...

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Dow, S&P Drop in Volatile Trading, Nasdaq Even

The S&P 500 index and the Dow dropped in volatile trading on Tuesday, but tehc stocks helped the Nasdaq remain positive territory. The markets lost momentum after the International Monetary Fund (IMF)...