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Oil gained more than 6% on Monday, with WTI crude oil — the U.S. benchmark — trading north of $80 a barrel while the international benchmark price, Brent crude oil, was trading near $85 a barrel.
Year to date, WTI is up more than 6%, while Brent crude has gained more than 5% during the same period. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre .
The Dow Jones Industrial Average shed 486 points, or 1.6%, briefly falling into bear market territory at one point during the session and closing at a 2022 low. And the technology-heavy Nasdaq ...
U.S. stocks sank, and oil prices slipped amid two key pieces of data: the JOLTS job openings survey, which showed a softening in the labor market, and factory orders data.
Brent crude, the international benchmark, rose 5.3% to $77.86. Gold was up 0.3% $2,678 an ounce. The 10-year Treasury yield was up seven basis points to 3.855%.
U.S. stocks closed broadly higher Monday as gains by some Big Tech companies helped offset a skid in oil-and-gas stocks after the price of crude had its biggest drop in more than a year. The main ...
Monday's moves come after a week of modest gains for stocks that saw the S&P 500 rise 1.5%, the Dow 1.8%, and the Nasdaq Composite 0.7% over the three-and-a-half-day trading period curtailed by ...
Stocks closed lower on Wall Street after another sharp slide for the price of crude dragged down big oil-and-gas stocks. Treasury yields fell. NEW YORK (AP) — Wall Street is hanging near its ...