Oil jumps to near $76 in Asia, fresh 1-year high, as stocks, US dollar fuel gainsOctober 15th, 2009 Oil jumps to fresh 1-year high near $76 a barrelSINGAPORE — Oil prices reached a fresh one-year high near $76 a barrel Thursday in Asia on a weaker U.S. dollar and growing investor optimism about an economic recovery.
US stock futures surge as Intel beats estimates; gold, oil jump on weak dollarOctober 14th, 2009 US stock futures surge after Intel tops forecastsNEW YORK — U.S. stock futures are surging, driven higher by a better-than-expected sales forecast from chip maker Intel Corp.
Oil jumps to 1-year high above $75 in Asia, breaking 5-month trading rangeOctober 14th, 2009 Oil jumps to 1-year high above $75 a barrelSINGAPORE — Oil prices jumped above $75 a barrel Wednesday in Asia for the first time in a year on investor optimism crude demand will improve ahead of the Christmas shopping season. Benchmark crude for November delivery was up 91 cents to $75.06, the highest since October 2008, by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Commodities rise as dollar weakens, gold dips slightly after hitting new high of $1,072October 14th, 2009 Commodities rally as dollar falls to new lowNEW YORK — Commodities are rising broadly as the dollar tumbles to a fresh 14-month low against other major currencies. Gold prices soared to a new record high of $1,072 an ounce in early trading, before giving up 30 cents to settle at $1,064.70 an ounce on the New York Mercantile Exchange on some profit-taking.
Stocks gain momentum, on track for best week since July; Dollar rebound keeps advance in checkOctober 9th, 2009 Stocks edge higher, adding to the week's big gainsNEW YORK — The stock market is keeping its momentum going and giving stocks their best week in more than two months. The Dow Jones industrial average is at a new high for the year as health care and utility stocks rise.
Asian stocks rebound on yen fall, big takeover deals in US; Europe opens lowerSeptember 30th, 2009 Asian stocks rise on yen fall, Wall Street gainsTOKYO — Asian stocks bounced back Tuesday as big corporate takeovers in the U.S. gave investors a new shot of confidence and the yen retreated from a nine-month high against the dollar.
Gold, other metals give back some of recent gains after touching fresh highsSeptember 17th, 2009 Gold, other metals slip after recent gainsNEW YORK — Gold and other metals gave back some of their recent gains Thursday, but not before marking fresh highs. Gold for December delivery lost $6.70 to finish trading at $1,013.50 an ounce on the New York Mercantile Exchange, after earlier rising to a new 18-month high of $1,025.80 an ounce.
World markets gain as wobbling Chinese stocks claw back some losses, oil jumps above $72August 20th, 2009 World stocks gain as China wobbles ease, oil jumpsBANGKOK — Global stocks rebounded Thursday as China's wobbling market clawed back some of its steep losses and oil prices jumped on signs of improving demand. The 20 percent drop in the Shanghai benchmark since Aug.
Asian markets gain as wobbling China stocks claw back some losses, oil jumps above $72August 20th, 2009 Asia markets gain as China wobbles ease, oil jumpsBANGKOK — Asian stocks rebounded Thursday as China's wobbling market clawed back some of its steep losses and oil prices jumped on signs of improving demand. The 20 percent drop in the Shanghai benchmark since Aug.
Asian stocks rally as Wall Street sharply climbs upJuly 14th, 2009 TOKYO — Asian stock markets followed Wall Street sharply higher Tuesday, invigorated by fresh hopes for improved bank earnings and signs the regional economy is recovering. The upbeat mood permeated the entire region, with financial stocks leading the gains.
Asia stocks climb on strong Wall Street gains, encouraging data; Hong Kong jumps 3.7 pctJuly 14th, 2009 Asian stocks rally as Nikkei snaps losing streakTOKYO — Asian markets sprang back to life Tuesday, invigorated by fresh hopes for improved bank earnings and signs the regional economy is recovering. European shares were moderately higher.
Asian markets gain, shrugging off Japan's rising joblessness as oil powers above $73June 30th, 2009 Asian stocks gain as oil jumps above $73BANGKOK — Most Asian markets advanced Tuesday, shrugging off another rise in Japanese unemployment as oil powered above $73 a barrel to eight-month highs, boosting resource stocks. Overnight gains on Wall Street underpinned sentiment, helping the region's markets to extend a massive rally that began in March on hopes the worst of the global recession has passed.
Oil jumps above $73 in Asia, 8-month high, on weaker dollar, Nigeria attacksJune 30th, 2009 Oil jumps above $73 on dollar fall, Nigeria attackSINGAPORE — Oil prices jumped above $73 a barrel Tuesday in Asia as a weakening U.S. dollar and attacks on oil installations in Nigeria helped push prices to eight-month highs.
Oil jumps above $69 in Asia as investors mull economy, US dollarJune 9th, 2009 Oil jumps above $69 amid 3-month rallySINGAPORE — Oil prices rose above $69 a barrel Tuesday in Asia as traders brushed off concerns that the doubling of crude since March is out of step with a weak global economy. Benchmark crude for July delivery was up 98 cents at $69.07 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Gold prices inch higher as dollar shows more weakness, stocks retreatMay 8th, 2009 Gold prices inch higher as dollar weakensNEW YORK — Gold prices are slightly higher as the dollar shows more weakness and stocks tumble on Wall Street. Energy and agriculture futures are also slightly higher.