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Oil Set for Biggest Weekly Drop Since February on Demand Worries

(Bloomberg) -- Oil headed for its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East and weakening across fuel markets.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaIn Jamie Dimon's America, the Stock Market Has Alre...
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Stocks Mixed After Fed With Apple Results in Focus: Markets Wrap

(Bloomberg) — Stocks traded mixed and Treasury yields ticked lower after Federal Reserve Chair Jerome Powell downplayed the prospect of further interest-rate hikes. The yen resumed losses after a sudden jump hinted at intervention. Europe’s Stoxx 600 fell 0.3% as Novo Nordisk A/S dropped on disappointing results and Moller-Maersk A/S, a bellwether for global trade,…
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