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Wall Street drops but off session lows after Fed rate hike, trading choppy

Wall Street drops but off session lows after Fed rate hike, trading choppy

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Fed raises interest rates, sees ‘continued increases’ Indices down: Dow 0.96%, Standard & Poor’s 0.40%, Nasdaq 0.03% Feb 1 (Reuters) – U.S. stock indexes fell in choppy trade on Wednesday, bouncing back from session lows when the Federal Reserve raised interest rates by a quarter of a percentage point and said it expected “continued increases” …

Wall Street drops but off session lows after Fed rate hike, trading choppy Read More »

Oil is falling ahead of the OPEC + and US Federal Reserve meetings

Oil is falling ahead of the OPEC + and US Federal Reserve meetings

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SINGAPORE (Reuters) – Oil prices fell on Monday, giving up previous gains, as global producers are likely to keep output unchanged at this week’s meeting and investors remain cautious ahead of a US Federal Reserve meeting that could spur market volatility. . Brent crude futures fell 20 cents, or 0.2 percent, to $86.46 a barrel …

Oil is falling ahead of the OPEC + and US Federal Reserve meetings Read More »

Wall Street closed higher, posting a weekly gain as the Fed meeting approaches

Wall Street closed higher, posting a weekly gain as the Fed meeting approaches

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Personal consumption expenditures: Inflation subsides along with consumer spending American Express, Visa rise on strong demand Chevron falls after missing earnings estimates Indices rose: Dow 0.08%, Standard & Poor’s 0.25%, Nasdaq 0.95% NEW YORK (Reuters) – Wall Street rallied on Friday, ending a difficult week as economic data and corporate earnings guidance pointed to softening …

Wall Street closed higher, posting a weekly gain as the Fed meeting approaches Read More »

Oil settled mixed after hitting a 7-week high amid strong expectations for China

Oil settled mixed after hitting a 7-week high amid strong expectations for China

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Brent crude and US crude hit their highest levels since early December The Group of Seven industrialized nations (G7) is seeking to set a price cap for Russian oil products India’s crude imports hit a five-month high in December NEW YORK (Reuters) – Oil prices were mixed on Monday, falling as investors reaped, jumping to …

Oil settled mixed after hitting a 7-week high amid strong expectations for China Read More »

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