LONDON—Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output increase at their meeting later in the day amid diminishing concerns over the spread of the Omicron variant of COVID-19. Brent crude was up 22 cents, or 0.3 percent, at $79.20 a barrel at 0939…
Global Shares Mostly Higher After Wall Street Rally
TOKYO—Global shares were mostly higher Tuesday despite worries about rising numbers of coronavirus cases. France’s CAC 40 added 0.7 percent in early trading to 7,266.59, while Germany’s DAX edged up 0.3 percent to 16,064.91. Britain’s FTSE 100 gained 1.2 percent to 7,475.46. The future contract for the Dow industrials was 0.2 percent higher and the…
Oil Rises Above $78 on Optimism About 2022 Outlook
LONDON—Oil rose above $78 a barrel on Monday, supported by tight supply and hopes of a further demand recovery in 2022. OPEC and its allies, or OPEC+, are expected on Tuesday to agree to the output hike. The Omicron coronavirus variant has brought record case counts and dampened New Year festivities worldwide, with more than…
Oil Starts 2022 With Rally Towards $79 as Omicron Impact Concerns Ease
LONDON—Oil rose towards $79 a barrel on Monday supported by tight supply and hopes of further demand recovery in 2022 spurred in part by a view that the Omicron coronavirus variant is unlikely to significantly dampen the outlook. Libyan oil output will be cut by 200,000 barrels per day for a week due to pipeline…
Global Stocks Higher After Wall Street Ends 2021 With Big Gain
BEIJING—Global stock markets and U.S. futures were mostly higher Monday on 2022′s first trading day after Wall Street ended last year with a double-digit gain. Frankfurt and Paris opened higher while Seoul and India advanced. Hong Kong retreated. Markets in Britain, China, Japan, and Australia were closed. Wall Street’s benchmark S&P 500 index slipped Friday…
Global Equity Funds Lure Big Inflows as Omicron Fears Ease: Lipper
Global equity funds drew massive inflows for a second week in the seven days to Dec. 29 as investors welcomed signs that the economic impact from the spread of the Omicron COVID-19 variant would not be as significant as feared. The funds pulled in $30.08 billion in net buying, compared with purchases of $35.83 billion…
Stocks to See in New Year Near Record Highs After Banner 2021
LONDON—Stock markets dipped on Friday in thin trading but were set to see in the New Year with double-digit gains for 2021 while oil prices hovered near $80 a barrel following their biggest annual rise since 2009. The U.S. dollar, which has had its best year since 2015 with a 6.7 percent rise, was steady…
Global Stock Markets Mixed After Wall Street High, Virus Surge
BEIJING—Global stock markets were mixed Thursday after Wall Street hit a high and new daily U.S. coronavirus cases surged to a record. London and Frankfurt opened lower and Tokyo and Seoul also declined. Shanghai and Hong Kong advanced. Wall Street futures were higher after the benchmark S&P 500 index on Wednesday hit its 70th record…
Oil Prices Hold Near $80 on Tight Supply and Stocks Drop
LONDON—Oil prices held close to $80 a barrel on Wednesday as global supply outages and declining U.S. inventories offset worries that rising coronavirus cases might reduce demand. Brent crude rose to as much as $79.20 a barrel before retreating to trade 24 cents down on the day at $78.70 by 1427 GMT. U.S. West Texas…
Global Shares Follow Wall Street Higher, Shrug Off Omicron Fears
TOKYO—Global shares advanced Tuesday following a rally on Wall Street as investors shrugged off concerns about the highly transmissible omicron variant of the coronavirus. France’s CAC 40 edged up 0.2 percent in early trading to 7,155.68, while Germany’s DAX added 0.3 percent to 15,878.65. Britain’s FTSE 100 was little changed at 7,372.10. U.S. shares were…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta