Treasury debt prices fell Tuesday, as data showing unexpected strength in the service sector supported the view of a rebound in second-quarter economic growth and pushed short-term yields to 5%.
A strengthening economy would probably deter the Federal Reserve from cutting interest rates this year, a growing view that led to heavy selling of Treasury […]
Forget fall leaf tours or autumndayson a cottage dock vacationers aresigning up fora September trip to frolic inAlberta’s oilsands.
Classic Canadian Tours will fly passengers from Calgary to Fort McMurray to get a first-hand glimpse of what isdriving theprovince’s economy.
Brenda Trockstad, a spokeswoman for the Calgarytravel company,saidcustomers willtour the Oil Sands Discovery Centre, […]
U.S. crude futures ended more than 3% higher on Wednesday after government data showed that crude stocks fell last week as refinery usage rose.
Crude touched off a short-covering rally around midday after weakening earlier as refined products fell in the initial reaction to data showing gasoline and distillate inventories rose last week.
Gasoline futures […]
Watch today’s Markets Desk video.
Starting at 9:15 a.m. Eastern time, check here to see how the market looks before the open, then follow the action throughout the trading day. You’ll also get a look at how leading stocks are performing — which are moving up or down in heavy volume.
After getting rattled midday […]
Watch today’s Markets Desk video.
The stock market was near session highs in midday trading, though volume remained light.
At 1 p.m. ET, the NYSE composite led with a 1% jump. The Nasdaq and small-cap S&P 600 showed 0.8% gains. The S&P 500 and Dow were up 0.7%.
Volume was running sharply lower, continuing a recent […]