Apr 21 2021, 10:54 AM
April 20 2021, 5:53 AM
April 21 2021, 10:54 AM
(Bloomberg) Oil slumped the most in two weeks alongside a broader market rout as a resurgent virus in some of the worldâs top oil importers highlighted the uneven road to recovery.
(Bloomberg) Oil slumped the most in two weeks alongside a broader market rout as a resurgent virus in some of the worldâs top oil importers highlighted the uneven road to recovery.
West Texas Intermediate fell 1.5% to the lowest in a week as the S&P 500 Index posted its first back-to-back decline since late March. The rampant virus spread in countries such as India is casting a shadow on optimism over the global economic rebound. Annual crude imports in the Asian country fell for the first fiscal year since the late 1990s with refiners cutting run-rates.
Stocks decline amid earnings, economic concern - Article
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Futures Steady Amid Earnings Deluge, Yields Rise: Markets Wrap
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Asia Stocks to Track U S Peers Lower; Bonds Climb: Markets Wrap
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Asia Stocks Mixed, U.S. Futures Dip; Dollar Gains: Markets Wrap
Bloomberg 34 mins ago Andreea Papuc
(Bloomberg) Asian shares fluctuated and U.S. futures were a touch weaker Monday after stocks notched another week of record highs, with investors weighing the recovery in global growth and corporate earnings against the latest appalling tallies of Covid-19 infections.
Benchmarks swung from red to green in Japan, Hong Kong and China. U.S. futures pared early losses, following a fourth straight weekly gain for the S&P 500 Index. Treasury yields slipped further below recent peaks. Crude oil fell and the dollar rallied from a week of losses. New Covid-19 cases in the past week surpassed 5.2 million, the most since the pandemic began.