Posts Tagged ‘Dow Jones Industrial average’
Gold and Oil News - August 24, 2011 23:58
Crude Oil gains on Tuesday in reaction to Bullish Stock markets
Crude oil futures surged on Tuesday in reaction to performing US stock markets. Crude oil futures for October delivery jumped 1.2 percent or $1.02 to settle at $85.44 per barrel on New York Mercantile Exchange. London’s Brent crude for October also surged 0.9 percent or $0.95 to $109.31 per barrel on ICE Futures exchange. Stock […]
Stock Markets Closed Lower on Wednesday on Disappointing Economic Data
US stock markets remained bearish on Wednesday as investors sold their position on weaker US economic data. US industrial production increased 0.1 percent in last month while analysts were expecting the increase of 0.2 percent. Dow Jones Industrial Average declined 1.48 percent or 178.84 points to 11,897.27 on Wednesday. Standard & Poor’s 500 index slipped […]
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