Page 89 - Texas Intermediate News Today

Major stock markets mostly rallied Monday and oil prices retreated as Middle East worries subsided and traders looked ahead to the release of key US inflation data and corporate earnings

Oil prices fell on Monday, dragged down by a renewed focus on market fundamentals as Israel and Iran played down the risks of an escalation of hostilities in the Middle East after Israel's apparently small strike on Iran. Brent futures fell 67 cents, or 0.77%, to $86.62 a barrel by 0415 GMT. The front-month US West Texas Intermediate (WTI) crude contract for May, which expires on Monday, fell 63 cents, or 0.76%, to $82.51 a barrel, while the more active June contract dropped 64 cents to $81...

LONDON: Global benchmark Brent slipped on Monday though it remained above $86 a barrel as traders turned their focus...

Sensex surged 560 points, Nifty gained 189 points. Top contributors were ICICI Bank, L&T, Infosys, Axis Bank, Reliance Industries, SBI, Bajaj Finance. Conversely, HDFC Bank and NTPC weighed on the index.

(Bloomberg) — US equity futures gained as investors’ focus shifted from Middle East tensions to a raft of company earnings scheduled for this week, including four of the “Magnificent Seven” cohort of tech megacaps that have dominated the past year’s bull market. S&P 500 futures advanced by about 0.6% after the US gauge recorded its…

Brent futures were down 77 cents to $86.52 a barrel by 1227 GMT, while the front-month U.S. West Texas Intermediate crude contract for May fell 46 cents to $82.68

With Iran downplaying a reported Israeli attack on the country, which came days after a drone and missile strike on Israel by Tehran, tensions between the regional foes appeared to have cooled.

(Bloomberg) — Stocks rebounded after a $2 trillion selloff, with Corporate America kicking off the busiest week for first-quarter earnings that will be key in shaping the outlook for equities. About 180 S&P 500 companies — more than 40% of the index’s market capitalization — are due to report their results this week. But the…

Currency settles at 278.33 against greenback in inter-bank market

HOUSTON: U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider...