Tuesday, February 6, 2018

Google Alert - Financial Markets

Google
Financial Markets
As-it-happens update February 6, 2018
NEWS
Oil prices pared losses on Tuesday as financial markets rebounded following a record-setting sell-off in equities in the previous session. Crude oil futures had fallen in early morning trade as stock futures remained under pressure, with international benchmark Brent crude hitting a one-month low.
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While Mr. Trump has regularly pointed to increasing share prices as a sign of a strengthening economy, Vice President Mike Pence on Tuesday largely dismissed the latest falls as simply representing "the ebb and flow" of stock markets. Mr. Pence, who was speaking to reporters as he headed to Asia, ...
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U.S. financial markets are bracing for another volatile day. The Dow Jones industrial average had eked out small gains in the first few minutes of trading after falling over 500 points at the open.
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"Seemingly the only hope for the markets at the moment is that investors suddenly decide that the sell-off has been a bit overdone," said Connor Campbell, a financial analyst at Spreadex. Despite the sea of red in global stock markets, there are hopes that the retreat won't last long given that global ...
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Workers may enjoy greater bargaining power as labor markets tighten, though that's a development that's been forecast and failed to materialize many times already. A source of the stock selloff was Friday's news that U.S. average earnings rose 2.9 percent in January, the strongest gain since 2009 and ...
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