Last year was a bumper year for stocks, with all 17 top global indexes polled by Reuters ending the year higher than where they started. Only one did not rise by a double-digit percentage.
Brent crude LCOc1 rose 98 cents, or 1.74%, to settle at $57.32 a barrel. It rose 5.23% since last Friday, its first weekly increase in six weeks.
Wall Street climbed late in the session following a CNBC report, citing sources, that the White House was considering a tax incentive for Americans to buy stocks.
The about-face came at a critical juncture as Warren tries to reenergize her campaign in the fight for the Democratic nomination to take on Republican President Donald Trump in November.
The SARS epidemic in 2003, they noted, had come and gone with little economic impact.
U.S. Energy Information Administration (EIA) data showed crude inventories rose only 414,000 barrels last week, much less than the 2.5 million barrel build predicted by analysts in a Reuters poll.
Gold prices hit their highest in seven years as investors sought safe-haven assets after a rise in the number of new coronavirus cases in South Korea. Oil prices rose, supported by China’s efforts to bolster its virus-weakened economy.
There was encouraging news on the struggling manufacturing sector, with other data on Thursday showing factory activity in the mid-Atlantic region accelerated to a three-year high in February, likely as tensions in the 19-month trade war between the United States and China diminished.
(Reuters) – The 2020 Tokyo Olympics includes 33 sports. Karate is one of five sports added to the program for the Games.
(Reuters) – The 2020 Tokyo Olympics includes 33 sports, one of which is boxing.
(Reuters) – The 2020 Tokyo Olympics includes 33 sports. Shooting is one of the original sports included in the first modern Games.
(Reuters) – The 2020 Tokyo Olympics includes 33 sports. Wrestling is one of the original sports included in the first modern Games.