Wall Street touches new highs after comments by Fed’s Powell
U.S. stocks closed higher and the S&P 500 index briefly crossed the 3,000-point mark for the first time on Wednesday as remarks by Federal Reserve...
S&P 500 tops 3,000 less than five years after 2,000
The S&P 500, the benchmark index that investors tend to rely on as a proxy for the U.S. stock market, topped 3,000 for the first...
Wall St. gains ground on rate cut hopes
The benchmark S&P 500 closed higher on Wednesday after briefly crossing the 3,000-point mark for the first time following dovish remarks from Federal Reserve Chairman...
Fed’s Powell bolsters rate cut view on trade, growth concerns
Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to...
U.S. oil firms cut nearly a third of Gulf of Mexico output ahead of storm
U.S. oil producers on Wednesday cut nearly a third of offshore Gulf of Mexico crude output as what could be one of the first major...
S&P 500 breaks through 3,000 following Powell comments
The benchmark S&P 500 briefly crossed the 3,000-point mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell boosted...
Exxon evacuating workers from Gulf of Mexico platforms as storm nears
Exxon Mobil Corp on Wednesday said it has removed non-essential staff from three U.S. Gulf of Mexico platforms, but expected a storm forming in the...
U.S. oil firms expand offshore production cuts, evacuations as storm approaches
Exxon Mobil Corp and Anadarko Petroleum Corp on Wednesday joined several other U.S. oil producers withdrawing staff from deepwater platforms in the U.S. Gulf of...
Wall St. hits record on Powell’s comments; S&P 500 crosses 3,000
The benchmark S&P 500 briefly crossed the 3,000 points mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell...
Oil up $2 on U.S. crude stocks draw, Gulf of Mexico storm
Oil prices gained $2 a barrel on Wednesday after U.S. crude inventories shrank more than expected and as major producers evacuated rigs in the Gulf...