Similar Stories to Energy Shares Rise On Higher Oil; Dollar Slips As Policy Tightening Eyed on Bing News

Energy stocks climbed on Tuesday as oil prices surged above $81 a barrel, but U.S. shares ended lower as chipmakes fell on ratings downgrades and rate-sensitive shares lost ground ahead of an expected Federal Reserve interest rate hike.

Topics:  u.s    federal reserve   energy   shares   oil   
BING NEWS:
  • Oil Rises as Ceasefire Hopes Dim, Saudi Arabia Lifts Crude Prices
    Oil prices were steady in early Asian trade. Crude oil has come under some pressure as the risk of supply disruptions eases, ANZ Research analysts said.
    05/5/2024 - 7:56 pm | View Link
  • UK to be slowest-growing G7 economy next year, warns OECD – as it happened
    Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...
    05/2/2024 - 4:09 am | View Link
  • Indian shares log gains on less-hawkish Fed, easing oil prices
    Indian shares are set to open higher on Thursday, after the U.S. Federal Reserve kept interest rates unchanged and indicated that rate cuts could be delayed, with a fall in oil prices and strong ...
    05/1/2024 - 10:55 pm | View Link
  • US Fed Meeting Outcome highlights: Powell-led FOMC holds rates steady at 5.25-5.50%, cuts Treasury cap to $25 billion
    Jerome Powell-led rate-setting panel kept interest rates steady at a 23-year high for the sixth straight meeting. The central bank flagged disappointing inflation readings and suggested a possible ...
    05/1/2024 - 8:50 pm | View Link
  • Oil rises as dollar slips, focus shifts to economic data
    Oil prices rose by more than $1 a barrel on Tuesday as the U.S. dollar index fell to its lowest level in more than a week and investors shifted their focus away from tensions in the Middle East to the ...
    04/23/2024 - 9:08 am | View Link
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