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Tag Archives: Oil

US stocks open higher as oil rebounds, banks rise

U.S. stocks opened higher, seeking their first gain this week, as beaten-down energy and financial companies rebounded. Banks rose Friday after Deutsche Bank offered to buy more than $5 billion in bonds. Its shares were up 9 percent. JP Morgan Chase was up 5 percent. Oil jumped 6 percent, helping to lift energy company shares. Drilling company Transocean was up ...

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Energy sector leads another decline in stocks as oil falls

NEW YORK — Falling oil prices continued to weigh on U.S. and global stock markets on Tuesday as investors remained deeply concerned about the global economy following this week’s disappointing Chinese and U.S. manufacturing data. Google’s parent company, Alphabet, overtook Apple as the world’s most valuable publicly traded company. KEEPING SCORE: The Dow Jones industrial average lost 284 points, or ...

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TODAY ON WALL STREET — US stocks gain, led by energy sector as price of oil climbs

U.S. stocks were on course to close sharply higher Tuesday. Rising oil prices and encouraging data on housing and consumer confidence helped lift the market, nudging the Standard & Poor’s 500 index back into the black for the year. Technology companies were among the biggest gainers. KEEPING SCORE: The Dow Jones industrial average rose 204 points, or 1.2 percent, to ...

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