Page 9 - Texas Intermediate News Today

The Hong Kong stock market on Wednesday snapped the two-day winning streak in which it had collected more than 360 points or 2 percent. The Hang Seng Index now sits just beneath the 18,425-point plateau although it's likely to rebound on Thursday.

The Taiwan stock market has moved higher in two of three trading days since the end of the three-day losing streak in which it had surrendered almost 700 points or 3.

Oil rose in early Asian trading on rising expectations the Federal Reserve will cut interest rates in September

The Singapore stock market has moved lower in back-to-back sessions, slumping almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,330-point plateau although it's likely to stop the bleeding on Thursday.

(Bloomberg) -- European stocks rose ahead of a widely expected interest rate cut by the European Central Bank as markets reassessed bets of policy easing this year.Most Read from BloombergBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayA Struggling Business Park Deals a Blow to Singapore's Regional Hub AmbitionsNvidia Tops $3 Trillion in Market Value, Leapfrogging AppleS&P 500 Hits 25th Record This Year as Tech Soars: Markets WrapBlackRock, Citadel Back Texas Stock Exchan...

Brent crude futures rose 27 cents, or 0.34%, to $78.68 a barrel by 0103 GMT, while U.S. West Texas Intermediate crude futures rose 36 cents, or 0.49%, to $74.43.

Domestic stocks saw a significant bounce back as confidence surged following the reconfirmation of the NDAs third consecutive term in government. Yashovardhan Khemka, Senior Manager of Research & Analytics at Abans Holdings, noted that in the short term, the market will likely stay fixated on government formation, particularly watching for key cabinet appointments in Finance, Defense, Roads, Energy, Commerce, and Railways.

Sensex Today | Stock Market LIVE Updates: BSE Midcap and Smallcap indices up 2 percent each. On the sectoral front, IT, capital goods, metal, oil & gas, power and realty up 1-4%.

NEW YORK/LONDON : World stocks hit an all-time high and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years, while signaling that further moves could take a while.ECB policymakers delivered their widely flagged quarter-point cut to 3.75 per

Stocks wobbled on Thursday ahead of the key nonfarm payroll report for May due out on Friday. Nvidia added to gains from Wednesday's session.