Page 98 - Texas Intermediate News Today

Indian benchmark indices closed lower as banking stocks declined, with Sensex falling 455 points and Nifty dropping by 152 points. Top laggards included Nestle India, Titan, Axis Bank, NTPC, Tata Motors, and ITC.

Extending the losses in the previous three sessions, the Japanese market is slightly lower on Thursday, following the broadly negative cues from Wall Street overnight.

Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, with the markets advancing for the first time in a week as currencies in the region strengthen against the US dollar.

Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand this year and on signs that a wider conflict in the key Middle East producing region could be avoided. Brent futures were up 13 cents, or 0.15%, at $87.42 a barrel, while US West Texas Intermediate (WTI) crude futures traded 6 cents higher, up 0.07%, at $82.75 a barrel at 0636 GMT.

Market remains concerned about demand in 2024 and on signs that a wider conflict in the Middle East could be avoided

Global stock markets mostly rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon.

Nasdaq, S&P muted as higher bond yields weigh

Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand...

Oil edged up after the previous day's losses, which were fuelled by data indicating softer demand in the United States and fading fears of a regional war in the Middle East.

The U.S. Treasury expands sanctions targeting Iran's UAV capabilities, steel industry, and automaker Bahman Group subsidiaries. Janet Yellen emphasizes strategic use of economic restrictions to counter destabilizing activities and support for terrorism. Market reactions show minimal impact on oil prices.