Energy stocks are trading lower, tracking weaker broader index futures...
Energy stocks are trading lower, tracking weaker broader index futures and lower oil prices.
Oil futures fell on Thursday, with trader concern over the bearish impact of interest rate hikes countered by potentially bullish U.S. oil inventory data after preliminary figures showed a fall in stocks.The benchmarks erased gains from the previous session, during which U.S. corn and soybean prices raced to multi-month highs, raising expectations that crop shortfalls could lower biofuels blending and increase oil demand.
Natural gas futures are higher by a penny ahead of weekly inventory data.
Search widens, time narrows for missing Titanic sub
If the Titan, the submersible that went missing Sunday with five people on board as...
If the Titan, the submersible that went missing Sunday with five people on board as it journeyed toward the wreckage of the Titanic, is not found by around 6am today, there is little hope of there being survivors due to a lack of oxygen. However, as of yesterday, the Coast Guard said it was still a search-and-rescue mission, and more ships were sent out to search an area twice the size of Connecticut.
US stock futures fall early Thursday after Federal Reserve Chair Jerome Powell said...
US stock futures fall early Thursday after Federal Reserve Chair Jerome Powell said more rate hikes are likely ahead. Check out the latest market moves.
Earnings on deck: Accenture, Volex, and more, all reporting.
Bank of England hikes interest rates by 50 basis points to 5%
U.S. investors are waking up to a flurry of rate hikes, including bigger-than-expected increases from...
U.S. investors are waking up to a flurry of rate hikes, including bigger-than-expected increases from the Bank of England and Norway's central bank as global policymakers wrestle with sticky inflation.
The Bank of England's Monetary Policy Committee voted 7-2 to lift its bank rate by 50 basis points, or half a percentage point, versus market expectations for a quarter-point move.
Turkey’s central bank hikes key rate to 15% from 8.5%
Turkey’s central bank on Thursday hiked its one-week repo auction rate to 15% from 8.5%, saying that...
Turkey’s central bank on Thursday hiked its one-week repo auction rate to 15% from 8.5%, saying that policymakers had “decided to begin the monetary tightening process in order to establish the disinflation course as soon as possible, to anchor inflation expectations, and to control the deterioration in pricing behavior.” Economists had expected a large hike following the appointment of Hafize Gaye Erkan as governor earlier this month.
