Oil Climbs As Fears Of Unfavorable Prices Proceed

Oil Climbs As Fears Of Unfavorable Prices Proceed

Trader anxiety has earned a reprieve, with oil markets dodging one of many bullets after a key U.S. benchmark oil futures contract avoided a repeat of the April fiasco that saw oil futures land in negative territory.West Texas Intermediate (WTI) crude prices settled higher on Tuesday, finishing the day in backwardation and allaying fears that…

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Wall Road climbs as investors preserve out for recovery; Nasdaq at 3-month high

Wall Road climbs as investors preserve out for recovery; Nasdaq at 3-month high

Wall Street’s main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors.The tech-heavy index, now about 5 percent below its all-time high hit in February, boosted by Facebook Inc and Amazon.com Inc, which…

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SGX Nifty climbs 150 aspects; here’s what modified for market whereas you were drowsing

SGX Nifty climbs 150 aspects; here’s what modified for market whereas you were drowsing

Optimism surrounding the news of positive results from a Covid-19 vaccine lifted US stocks overnight and that is getting rubbed off on Asian stocks this morning. Early signs showed Dalal Street, too, was getting ready for a rebound. Here’s breaking down the pre-market actions. SGX Nifty signals gap-up start Nifty futures on the Singapore Exchange…

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