Baker Hughes data show a second straight weekly climb in active U.S. oil-drilling rigs
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by three to 602 this week. That followed an...
UPDATE: Netflix says principal accounting officer Ken Barker is resigning effective Oct. 7 after less than four months
Netflix Inc. said Friday its principal accounting officer Ken Barker has submitted his resignation effective Oct. 7, meaning he is leaving his role less than...
Biden administration watching stock market closely as equities drop, spokeswoman says
The Biden administration is watching the stock market and other indicators closely as equities tumbled on Friday, a White House spokeswoman said. "The stock market,...
Energy sector pummeled, all of the S&P 500’s sectors trade sharply lower
U.S. stocks are tumbling in the final hour of trading, with all 11 sectors of the S&P 500 selling off sharply as the index trades...
Dollar set for biggest weekly advance since March 2020
The U.S. dollar is on track Friday for its biggest weekly advance since March 2020 as the Federal Reserve's third jumbo interest-rate hike and Chair...
Dow’s lower low triggers Dow Theory sell signal
The Dow Jones Industrial Average's 767-point tumble in afternoon trading Friday, to break down below the June 17 closing low (29,888.78), not only showed that...
U.S. oil futures drop below $80 barrel to settle at lowest since January
Oil futures declined Friday, with U.S. prices dropping below $80 a barrel to settle at their lowest since January. "Economic turmoil is putting oil on...
Stocks fall sharply but end off lows as Dow averts bear market
Stocks ended with sharp declines, but off session lows, with the Dow Jones Industrial Average averting a bear market as it posted its lowest close...
Oil futures end higher as Russia bolsters its war efforts, lifting supply worries
Oil futures climbed on Thursday to recoup much of the losses seen a day earlier, as Russia's decision to partially mobilize reservists amid its war...