|Day's Range||7,182.86 - 7,305.21|
|52 Week Range||6,630.67 - 8,133.30|
The Department of Labor will release monthly CPI data, Macy's and Cisco report quarterly results.
Stocks wavering during a volatile session as we head into the close. Plus - Goldman hops on the bandwagon and takes a swing at Apple. It's the Call of the Day. And - it's official - Amazon HQ2 awarded to two cities. BUT - there's also a consolation prize - we have the story. Plus - retail talk doesn't end there - we discuss Home Depot's blowout quarter, and a moment for world's largest retailer. Catch The Final Round at 3:00 p.m. ET with Jen Rogers, Myles Udland and Dan Roberts.
Energy stocks were exposed to the lurch lower in oil prices, as Brent crude’s descent into a bear market on fears about the outlook for demand continued, dragging world equities indices lower. Opec cut its forecasts for world oil demand in 2019 and said supply growth from outside the exporters’ organisation would outstrip demand.
Rampant expectations for a global oil supply glut sends the U.S. crude benchmark to its lowest finish of the year and pushes the global benchmark into a bear market on Tuesday, but some analysts say prices have fallen too far, too fast.
TOKYO (AP) — Global shares were mostly lower Wednesday, after the steepest drop in oil prices in more than three years put investors in a selling mood on Wall Street.
Oil prices were more stable on Wednesday in Asia but the previous session’s sharp fall on demand concerns weighed on energy stocks in the region while the pound climbed ahead of a cabinet meeting to agree the draft Brexit treaty. Falls for energy stocks were a uniting factor for Asia-Pacific equities on Wednesday following sharp 7 per cent falls for oil overnight, with Brent crude down just 0.1 per cent on the day at $65.39 a barrel. In Hong Kong, the Hang Seng index dipped 0.5 per cent, pulled lower by a 3.1 per cent fall for energy stocks as Chinese oil producers CNOOC and PetroChina were among the day’s worst performers, falling 4.5 per cent and 3.2 per cent respectively.
The mainland China markets, which have been closely watched by investors because of the ongoing U.S.-China trade war, saw losses on the day with the Shanghai composite shedding 0.85 percent while the Shenzhen ...
A closely followed gauge of small-capitalization stocks is a hair’s breadth of realizing a bearish pattern.