Similar Stories to Stocks Slip After Weak Jobs Data; Oil Prices Rise on Bing News

U.S. stocks fell broadly in early trading Wednesday after the release of weak U.S. economic reports. Oil prices rose, helping drillers and other energy companies move higher. Eight of the 10 industry sectors of the Standard and Poor's 500 index were lower, led by telecommunications companies.

Topics:  u.s    standard   poor   stocks   weak   oil prices   companies   
BING NEWS:
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    even if you have your finger on the pulse of crude oil prices. Most major online discount brokers have access to the oil company shares you’re looking for (along with other firms in the energy ...
    05/3/2024 - 1:01 pm | View Link
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    05/3/2024 - 8:34 am | View Link
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    Unlike many other oil stocks, refiners make money from the price spread between crude oil and refined products. That means they aren’t necessarily negatively impacted when crude prices fall.
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  • Wall Street follows FTSE 100 lower ahead of Federal Reserve interest rate decision
    The FTSE 100 ( ^FTSE) was marginally higher on Wednesday as UK house prices fell by 0.4% in April, as rising borrowing costs took their toll. This was after a 0.2% month-on-month drop in March.
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