LONDON—Renewed unease gripped world markets on Wednesday as news that Credit Suisse’s largest investor said it could not provide the Swiss bank with more financial assistance sent its shares and broader European shares sliding once more. Signs of calm and stability in banking stocks, that have tanked in the past week, following the collapse of…
Credit Suisse Unease Sparks Fresh Selloff in World Stocks
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 14)
Benchmark U.S. crude oil for April delivery fell $3.47 to $71.33 a barrel Tuesday. Brent crude for May delivery fell $3.32 to $77.45 a barrel. Wholesale gasoline for April delivery fell 4 cents to $2.55 a gallon. April heating oil fell 5 cents to $2.71 a gallon. April natural gas fell 4 cents to $2.57…
Oil Prices Continue Slump in Fallout From SVB Shutdown
LONDON—Oil prices dropped more than $2 a barrel on Tuesday, extending the previous day’s slide, as the collapse of Silicon Valley Bank rattled equities markets and sparked fear about a fresh financial crisis. Brent crude futures fell $1.64, or 2 percent, to $79.13 a barrel by 1001 GMT. U.S. West Texas Intermediate crude futures (WTI)…
Shares Tumble as Stress Creeps Into Markets
LONDON—Global shares slid on Tuesday as a brewing U.S. banking crisis prompted investors to downgrade their expectations for interest rate hikes, even ahead of key inflation data later in the day. As recently as a week ago, investors were just recovering from a reality-check that prompted many to assume that rates around the world were…
Russia: 60-day Extension of Wartime Grain Deal Acceptable
GENEVA—A Russian delegation at talks with senior U.N. officials said Monday that Moscow is ready to accept an extension to a grain export deal that has helped bring down global food prices amid the war in Ukraine—but only for 60 days as the Kremlin holds out for changes to how the arrangement is working. The…
Oil Prices Fall 2 Percent in Choppy Trade as Banking Fears Rattle Markets
NEW YORK—Oil prices fell over 2 percent in volatile trading on Monday as the collapse of Silicon Valley Bank roiled equities markets and raised fears of a fresh financial crisis. Brent crude futures settled down $2.01, or 2.4 percent, to $80.77. The global benchmark earlier fell to a session low of $78.34, its lowest price…
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 13)
Benchmark U.S. crude oil for April delivery fell $1.88 to $74.80 a barrel Monday. Brent crude for May delivery fell $2.01 to $80.77 a barrel. Wholesale gasoline for April delivery fell 6 cents to $2.59 a gallon. April heating oil fell 1 cent to $2.76 a gallon. April natural gas rose 18 cents to $2.61…
How to Store Silver Coins at Home
Investing in precious metals is an excellent way to diversify your investment portfolio or build a nest egg for a rainy day. Silver coins or bars might be the perfect starting point in your precious metal journey. Silver storage is challenging because silver has a lower value per ounce than gold bullion or platinum coins…
Crude Oil Prices Slide $4 as Banking Fears Rattle Markets
LONDON—Oil prices fell $4 on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a fresh financial crisis, but a recovery in Chinese demand provided support. Brent crude futures were down $3.96, or 4.8 percent, to $78.82 per barrel by 1220 GMT. West Texas Intermediate U.S. crude futures (WTI) fell…
Europe’s Bank Shares Plunge, Bonds Rally Despite SVB Rescue Effort
LONDON, SYDNEY—Europe’s bank shares suffered their biggest fall in over a year and bond markets saw a gigantic repricing of rate hike bets on Monday as global efforts to limit the fallout from the collapse of Silicon Valley Bank (SVB) failed to ease fears. The dollar slid too as Wall Street heavyweights such as Goldman…
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