Archive for Tag: market news today

Commodity – Oil prices rise on expected U.S. stocks draw

Brent Oil was trading 1.36% upat $75.34. Oil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S Crudestocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves. Prices were also supported as some OPEC...

Read More

Boeing Weaker as Ryanair Ends Talks for 737 Max10 Jets Order

Boeing (NYSE:BA) is trading down 1.20% at 218.17 Boeing stock (NYSE:BA) traded lower by 0.4% in Tuesday’s premarket after European budget airline Ryanair ended talks for a major order. Ryanair (LON:RYA) stock, which had risen on the news on Monday, traded 0.1% higher in London. Ryanair said on Monday...

Read More

McDonald’s, others consider closing indoor seating amid Delta surge in U.S.

McDonald’s Corp (NYSE:MCD)is trading up 0.22% at 237.48 Some U.S. fast-food restaurants are closing indoor seating areas or limiting hours of operation because of the spread of the Delta variant of COVID-19, according to franchisees. McDonald’s Corp (NYSE:MCD)had temporarily closed indoor dining at nearly all U.S. locations in early...

Read More

Oil jumps as storm approaches Gulf of Mexico production hub

Brent Crudewas trading 0.87% down at $70.64. Oil prices rose on Friday and are on track to post big gains for the week on worries about supply disruptions as energy companies began shutting production in the Gulf of Mexico ahead of a possible hurricane forecast to hit on the...

Read More

Bank of America profit more than doubles on reserve release boost

Bank of America (NYSE:BAC) UP 1.42% AT 39.88 Bank of America Corp’s profit more than doubled in the first quarter and topped Wall Street estimates as it released reserves it had set aside to cover potential coronavirus loan losses. The second-largest U.S. bank by assets unlocked $2.7 billion from...

Read More