WTI, Brent oil futures settle at their lowest in nearly 2 weeks
Oil futures finished lower on Monday, with...
Oil futures finished lower on Monday, with U.S. and global benchmark prices at their lowest in almost two weeks.
Crude prices face headwinds from "familiar factors, with analysts remaining skeptical that Chinese stimulus measures will be sufficient for boosting lackluster crude demand," said Robbie Fraser, associate director of global research and analytics at Schneider Electric.
West Texas Intermediate crude for December delivery fell $2.34, or 3.3%, to settle at $68.04 a barrel on the New York Mercantile Exchange. January Brent crude, the global benchmark, dropped $2.04, or 2.8%, to $71.83 a barrel on ICE Futures Europe. According to Dow Jones Market Data, Brent and WTI marked their lowest settlements since Oct. 29.
S&P 500 closes above 6,000 for first time as U.S. stocks extend gains
Stocks ended higher Monday, with the Dow, S&P 500...
Stocks ended higher Monday, with the Dow, S&P 500 and Nasdaq Composite building on last week's record run.
The Dow closed above 44,000 for the first time, while the S&P 500 ended just above the 6,000 milestone after temporarily trading above that threshold in Friday's session. The U.S. bond market was closed Monday for the Veterans Day holiday.
The Dow ended 304.14 points higher, up 0.7%, at 44,293.13
The S&P 500 rose 5.81 points, or 0.1%, to 6,001.35.
The Nasdaq Composite finished at 19,298.76, up 11.99 points, or 0.1%
New energy development limits aim to protect sage grouse
The Bureau of Land Management has proposed new regulations that tighten...
The Bureau of Land Management has proposed new regulations that tighten limits on oil, solar and wind development on more than 6,500 square miles of the western US to protect the declining greater sage grouse population. However, President-elect Donald Trump's support for expanded energy development on public lands could mean a swift reversal of the enhanced protections.
Veterans Day is a federal holiday in the United States that honors all military veterans. Originally called Armistice Day, it was established to commemorate the end of World War I. Today, it is a day marked by parades, public events, and the closure of many businesses and government offices.
The stock market, including the New York Stock Exchange and Nasdaq, will remain open on Veterans Day, but the bond markets will be closed. The U.S. Postal Service will not deliver mail, and most banks will also be closed. Additionally, since it is a federal holiday, all non-essential government offices will be closed, and it is a state holiday in nearly every state except Wisconsin.
Qatar suspends its role in cease-fire talks. The Gulf...
Qatar suspends its role in cease-fire talks. The Gulf country that had tried to broker a cease-fire in Gaza for months said on Saturday that it stopped those efforts, citing a lack of will among Israel and Hamas to make progress in ending the war. The pause was communicated to the parties 10 days ago in consultation with the US, the Qatari foreign ministry said, adding it could resume its role as mediator if Israel and Hamas “show their willingness” to negotiate. Qatar, which has become ultrawealthy from natural gas and petroleum, has emerged as an influential diplomatic broker: It’s a key US ally in the region (Americans have an air base there), is home to Hamas’s communications office, and has hosted Taliban leaders since 2012 as part of a deal with the US.
A New York parks employee died fighting a brush fire on the New York–New Jersey border. Both states are still contending with fires and air quality issues brought about by unseasonably dry conditions.
The number of searches by US students looking for bachelor’s and master’s degrees abroad increased more than 5x following Tuesday’s election, according to Studyportals.
A FEMA employee was fired after telling a disaster relief team to avoid visiting houses with pro-Trump yard signs.
San Francisco 49ers defensive end Nick Bosa was fined more than $11,000 for wearing a MAGA hat during a postgame TV interview on Oct. 27, violating the league’s rules around personal messaging.
Monkey update: One monkey from the group of primates that broke out of a South Carolina lab has been safely recovered, but 42 remain at-large.
