Thu March 17, 2016/Reuters By Laila Kearney Wall St moved higher on Thursday, pushing the Dow Jones industrial average into positive territory for the year, as commodity prices rose on the back of a weaker U.S. dollar to boost shares in the energy and materials sectors. The Dow’s move into […]
Tag: Dow Jones Industrial Average
Wall St. strengthens as Fed holds rates steady
Wed Mar 16, 2016/Reuters Wall Street gained on Wednesday after the U.S. Federal Reserve held interest rates steady as widely expected and signaled fewer rate hikes for the year. The Fed indicated that moderate U.S. economic growth and “strong job gains” would allow it to tighten policy this year with […]
Wall Street extends losses as oil slides further
Tue Feb 23, 2016/Reuters By Abhiram Nandakumar Wall Street slipped on Tuesday, in tandem with a renewed slide in oil prices, as yet another rally failed to take off in what has been a turbulent year so far for markets. Saudi Oil Minister Ali Al-Naimi told global energy executives on […]