Page 26 - Texas Intermediate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

"Bad news has been good news for equities over the past two months, but if growth deteriorates too much, bad news can turn into bad news," BofA said.

Oil prices tumbled on Monday to their lowest in nearly four months

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Asian stocks climbed on Friday, marking the fourth consecutive month of gains. The dollar weakened, while the yen stabilized as investors await important inflation data from Europe and the U.S. Expectations for Federal Reserve rate cuts emerged as U.S. economic growth slowed. Key inflation figures from the U.S. and Europe loom large.

Alaska North Slope crude -- despite a general risk-off chill in financial markets -- vaulted $2.01 over the trading week from Wednesday to Wednesday, from its close of $84.35 May 22 to a close of $86.36 May 29 -- a loss of 70 cents on the day. West Texas Intermediate gained $1.72 the same week, from...