• Wall Street reverses gains as Apple pulls tech stocks lower

    1 month ago - By Reuters

    U.S. stocks turned lower on Wednesday as Apple Inc led a decline in technology stocks, offsetting early support from tame U.S. consumer prices data and a rebound in oil prices.
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  • Wall Street gives up early gains as Apple weighs

    1 month ago - By Reuters

    U.S. stocks turned lower on Wednesday as early support from tame consumer prices data and a rebound in oil prices faded, with Apple Inc leading a decline in technology stocks.
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  • Wall Street Gains on Tame Inflation Data, Oil Rebound

    1 month ago - By NY Times

    U.S. stocks were higher on Wednesday, after consumer prices in October rose as expected, adding little pressure on the Federal Reserve to raise interest rates swiftly, while a rebound in oil prices lifted energy stocks.
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  • Why Oil Prices Are Rebounding Despite What Trump Wants

    1 month ago - By Fortune

    Donald Trump has been clear about oil prices: He wants them lower, as CNBC reported last week. The president even took credit for a big slide-prices are down about 25% since October.
    Supply, demand, and expectations look as though they'll confound his wishes.
    Mid-October prices had hit a six-month high. There were two reasons for the recent climb : Trump's trade policies and macroeconomic factors, as Fortune reported. The former creates uncertainty that traders factor into their deals, affecting futures pricing.
    Additionally, Russia and OPEC reduced production to lower global oil...
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