Page 71 - Texas Intermediate News Today

The yen swung wildly Monday as it surged soon after hitting a fresh 34-year low against the dollar, fuelling speculation that Japanese authorities may have intervened to support the currency

(Bloomberg) — Stocks were buoyed by earnings optimism as traders looked ahead to a busy week for company results. The yen rebounded after dropping to its lowest in 34 years. With Apple Inc. and Amazon.com Inc. scheduled to report in the next few days, investors will be hoping for more evidence that big technology profits…

But oil prices could swing higher again if U.S. inventory data and Chinas PMI index show improvements this week, Teng said.

Tech stocks with an AI advantage outperform, China markets could be stirring and investors are turning their attention to the Fed.

Currency settles at 278.40 in interbank market

Oil fell as signs of progress toward a cease-fire between Israel and Hamas reduced crudes geopolitical risk premium.

SUGAR LAND, Texas, April 29, 2024 -- CVR Energy, Inc. today announced net income attributable to CVR Energy stockholders of $82 million, or $0.81 per diluted share, on net sales of $1.9 billion...

(Bloomberg) — Asian stocks climbed, tracking a rally in US markets after an inflation reading eased concerns of a more hawkish Federal Reserve. Equities in Australia and South Korea rose at the open, while the Japanese stock market is shut for a holiday. US contracts nudged higher after the S&P 500 rose 1% on Friday.…

The Japanese yen touched 160 against the U.S. dollar, while investors awaited Japan’s industrial production and retail sales data from March later in the...

GLOBAL-OIL/ (UPDATE 7):UPDATE 7-Oil falls more than $1/bbl on Middle East peace talks, US rate cut doubts