On May 23, 2017, US crude oil (USL) (DBO (USO) (OIIL) July futures closed at $51.47 per barrel, 0.7% more than the previous day’s closing price.
NEW YORK (AP) — U.S. stocks are up for the fifth consecutive day Wednesday as the market continues to wipe out the losses it suffered one week ago. Technology companies are rising, but energy companies are down with the price of oil. Banks and bond yields have weakened as the Federal Reserve gave more signs it will start reducing its huge portfolio of bonds later this year.
Most major European stock markets close out a choppy session slightly lower, with investors staying on the sidelines ahead of the Federal Reserve minutes due later in the day.