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The Latest Breaking News on Markets

Stock market today: Asian markets mixed following hotter-than-expected US jobs report

Asian markets are mixed in muted trading after a jobs report released Friday was hotter then expected

The Independent UK

Saudi Aramco Says Foreigners Grab 'Majority' Of Share Offering

Saudi Aramco Says Foreigners Grab 'Majority' Of Share Offering

Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in its latest offering, which was set to raise $11.2 billion.

International Business Times

Exxon Mobil (XOM) vs. Chevron (CVX) - Analyzing Long-Term Value in 2024 and Beyond

Exxon Mobil (XOM) vs. Chevron (CVX) - Analyzing Long-Term Value in 2024 and Beyond

The energy sector is poised to witness steady growth amid growing demand and possible supply cuts. In such a scenario, let’s analyze the potential of two key players in this space, Exxon Mobil (XOM) and Chevron (CVX). Read on….

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Stock market today: Asian stocks are mixed ahead of key U.S. jobs data

Asian stocks are mixed after a steady day on Wall Street as markets anticipate key U.S. jobs data to be revealed later in the day

The Independent UK

Australian shares boosted by best weekly gains of year

The ASX200 climbed 0.5 per cent on Friday to finish the week up 2.1 per cent, its best weekly performance since mid-December.

3 Emerging Energy Stocks With Untapped Potential for June

The energy sector is growing significantly due to rising oil prices, high global demand, limited supplies, geopolitical tensions, technological progress, and expected easing of monetary policies this year. Therefore, it may be wise to consider buying fundamentally strong energy stocks Newpark Resources (NR), Unit (UNTC), and MV Oil (MVO), which…

Stock market today: Asian stocks trade mixed after Wall Street logs modest gains

Asian shares are mixed as investors weighed data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street

The Independent UK

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Stock market today: Asian shares decline after report shows US manufacturing contracted in May

Stock market today: Asian shares decline after report shows US manufacturing contracted in May

Asian shares have retreated after a report showed that U.S. manufacturing contracted in May

The Independent UK

Asian Markets In Reverse As US Data Spark Economy Worries

Asian Markets In Reverse As US Data Spark Economy Worries

Asian markets fell Tuesday as traders were spooked by signs of weakness in the US economy, even as the data boosted hopes the Federal Reserve will cut interest rates this year.

International Business Times

4 Oil Stocks Set to Dominate in June 2024

4 Oil Stocks Set to Dominate in June 2024

With solid energy demand, tight supplies aggravated by extended OPEC+ oil production cuts and geopolitical instability, and innovations in exploration and drilling technologies, the oil and gas industry is well-poised to experience robust expansion. Thus, it could be wise to invest in top oil stocks EOG Resources (EOG), Energy Transfer…

Financial sector leads Australian shares higher

Financial sector leads Australian shares higher

The ASX200 finished 0.8 per cent higher, with nine out of 11 sectors rising after a US inflation report came in cooler than expected.

Stock market today: Asian shares start June with big gains following Wall St rally

Stock market today: Asian shares start June with big gains following Wall St rally

Shares in Asia have started June with big gains after Wall Street finished with another push higher

The Independent UK

Oil alliance Opec+ extends crude production curbs into 2025

Oil alliance Opec+ extends crude production curbs into 2025

Ministers at Riyadh meeting agree daily limit of 2m barrels should be in place until end of next year

The Guardian - UK

ASX finishes May firmly in the green with late rally

ASX finishes May firmly in the green with late rally

The ASX200 finished the day up 1.0 per cent, closing the month of May up 0.5 per cent from where it started.

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Stock Market Today: Salesforce Earnings Drag Dow Down 330 Points

Salesforce notched its biggest one-day loss in nearly 20 years after the SaaS firm's Q1 revenue fell short.

International Business Times

Oil Giant Aramco To Offer Shares Worth Over $10 Bn On Saudi Bourse

Oil giant Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion in one of the biggest such offerings in recent years.

International Business Times

Global Stocks Sink On Rising Bond Yields Ahead Of Critical US Reports — A Typical Correction Or Something More Serious?

The critical driver behind rising bond yields worldwide is stubbornly high inflation, thanks to robust consumer spending in the world's largest economy and supply-side pressures. These pressures prevent central banks from easing monetary policy.

The Independent UK

Stock market today: Asian shares track Wall Street's retreat

Shares have retreated in Asia after U.S. stocks fell under the weight of higher yields in the bond market

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Stock Market Today: Dow Dives 411 Points as UnitedHealth Slumps

The main indexes pulled back Wednesday with health insurer UnitedHealth creating the biggest drag on the blue chip Dow.

The Independent UK

Stock market today: Asian shares decline after a mixed post-holiday session on Wall Street

Shares have fallen across Asia after a mixed session on Wall Street

Inflation readout weighs heavily on Australian shares

The ASX200 finished down 1.3 per cent after official statistics revealed a slight uptick in annual inflation, reducing the odds of a rate cut in 2024.

International Business Times

Asian Markets Retreat On US Rate Concerns, Oil Rallies After Attack

Most equities fell Wednesday on lingering worries about the outlook for US interest rates, while oil prices extended their rally after an attack on a ship in the Red Sea stoked fresh worries about supplies from the Middle East.

Shares dip after weak retail trade figures

The ASX200 has finished 0.3 per cent down after the Bureau of Statistics reported that retail sales rose just 0.1 per cent in April.

3 High-Yield Energy Stocks for Smart Investors

The energy sector is poised for robust growth driven by resilient global oil and natural gas demand, supply chain volatility amid geopolitical tensions and extended production cuts, and technological innovation. Hence, it could be wise to invest in high-yield energy stocks Chevron (CVX), TotalEnergies (TTE), and BP (BP) for steady…

International Business Times

Tech Stocks Get Another Boost From Nvidia, As The Rest Of The Market Retreats On High Interest Rates — What Is Next?

Nvidia's impressive financial performance adds to the strong results from Microsoft, Alphabet, Amazon, and Meta. These results reinforce the belief that the rally in the "magnificent five" continues, contributing to another week of gains for the tech-heavy Nasdaq.

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