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Oil Moves High On Declining U.S. Crude Stocks

On Wednesday, oil prices moved higher, boosted by declining U.S. crude inventories, though markets were still constrained by a supply glut. The focus of the market was shifting to the release of official...

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OPEC Focuses on Bigger 2017 Oil Supply Glut Despite Deal to Limit

Last month, OPEC reported a spike in its oil production to the highest level in eight years and advanced its forecast for 2017 non-OPEC supply growth, directing to a larger supply glut next year despite...

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U.S. Stocks Decline As Tech, Energy Stocks Struggle

On Wednesday Wall Street dropped in morning trading in result to losses in energy and technology shares. Oil prices declined more than 1.3 percent and pushed down the S&P 500 energy index SPNY by 0.8 percent....

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Wall Street Declines Pushed Down By Healthcare Stocks

U.S. stocks declined on Tuesday, pushed down by healthcare companies, which started the earnings season on a substandard note. "Earnings will begin to resolve the recent choppiness and uncertainty in the market,...

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Oil Prices Drop From One-Year Highs, Affected By OPEC Deal Fears

Oil dropped from one-year highs on Tuesday, affected by worries that a production curb by the world’s largest exporters might not be enough to corrode a two-year old global supply glut of unwanted crude...

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Wall Street Gains Clinton Viewed as Winner of Second Debate

On Monday, U.S stocks gained among increases across most sectors, boosted by oil prices, and as Democrat Hillary Clinton were broadly viewed as the winner of the second presidential debate. A Clinton presidency...

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Financial Markets Still See Clinton as a Frontrunner After The Debate

Wall Street stock index futures saw minimal changes throughout Sunday’s second presidential debate, speculating that markets continue to feel that Democrat Hillary Clinton has an advantage in the November...

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Oil Calms From Four-Month High as Investors Doubt Deal to Curb Output

On Monday oil cooled from four-month highs as concerns that oil producers can reach an output curb agreement ignited some speculators to undo bullish wages. Global benchmark Brent crude futures LCOc1 decreased...

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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...

Featured #Markets

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...