Oil prices settled down on Friday, falling 5% over the week, as potentially lower Chinese energy consumption from the lockdown of its Shanghai financial hub overshadowed supply tightness from Russian sanctions that kept the market up for weeks. ...
Wall Street rallied sharply for a second straight day on Tuesday, with high-flying technology stocks rising as much as 3 per cent, as investors' fears over the impact of the Omicron variant of the coronavirus subsided. ...
US stocks tumbled for a second week in a row, roiled by fears of an imminent rate hike by the Federal Reserve and the possibility of another round of global economic turmoil from potential measures to address the coronavirus Omicron variant. ...
US stocks rebounded broadly for a second day in a row on Wednesday as investors continued to buy in a market cheapened by a plunge earlier in the week on fears about a resurgence in coronavirus cases. ...
US stocks suffered their worst one-day loss in three months on Wednesday, with the three major equity indexes tumbling more than 2 per cent each, amid fears the market had been overbought after a rally with few breaks since late October. ...