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Markets
Oil inventories fall by 2.3M barrels last week: API
© Reuters
Investing.com -- U.S. crude inventories declined more than expected last week, the API reported Tuesday, at a time when many are concerns about burgeoning…
U.S. stocks open mixed as investors weigh fresh data on inflation
U.S. stocks opened mixed on Tuesday as investors weighed a reading on inflation that was largely in line with economists’ forecasts. The Dow Jones Industrial Average…
AUD/JPY turning down after rejection from 96.00
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The AUD/JPY is struggling to develop bullish momentum,…
Inflation is sticky in November, CPI shows, on higher rents and used-car prices
The numbers: The cost of living rose a scant 0.1% in November thanks to lower oil prices, but another key measure of inflation showed higher costs of other…
USD/NOK ascending on market reaction to US CPI, rate cut forecasts in spotlight
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The USD/NOK advances modestly, showcasing 0.20% gains,…
Red Sea shipping costs rising after Houthis target more commercial vessels
© Reuters. FILE PHOTO: The Galaxy Leader commercial ship, seized by Yemen's Houthis last month, is seen off the coast of al-Salif, Yemen, December 5, 2023. REUTERS/Khaled…
Here’s what hit the Magnificent 7 stocks, and why the selling may continue.
A previous version of this story misstated the number of times the Nasdaq 100 advanced when the Magnificent Seven stocks fell. The story has been corrected.Ho-ho-uh oh? As…
Hedge fund groups sue SEC in effort to block short-selling rules
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A coalition of hedge fund groups has sued to invalidate a…
Gold Price Forecast: XAU/USD tumbles after hitting daily high near $2000, eyes on Fed decision
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Gold price hits a daily high of $1996.73 but loses…
Oracle earnings disappoint again — but is the glass half full?
As Oracle Corp. shares headed for their second sharp post-earnings selloff in as many quarters, some bulls saw a silver lining. While Oracle
ORCL,…