Stocks rallied for their third straight gain, as a rebound in oil prices after a drop in the USA weekly inventory sent energy shares sharply higher. The Dow Jones Industrial Average gained 184.87 points, or 1.1%, to 17,602.07. The Dow ended Tuesday up nearly 1 percent, while the S&P 500 gained 0.88 percent and the Nasdaq 0.65 percent.
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Raiders edge Chargers in OT
In the end, the Chargers were limited to 19 first downs and 343 yards of total offense (72 rushing yards and 271 passing yards). He was ultimately tackled for an anti-climatic 3-yard loss on a reverse designed for him to throw the game-winning touchdown.
Asian stock markets extended their gains on Wednesday, with buying supported by another Wall Street rally as a positive reading on United States growth and consumer spending renewed confidence in the world’s top economy. Brent crude, which is used to price worldwide oils, fell 17 cents to $36.17 a barrel in London.
Steam meltdown as Valve’s store spills other gamers’ details
Whatever the case, some users are openly wondering why Valve has yet to take Steam offline until a fix can be implemented. Threads on Reddit are titled ” I’m logged in as someone random on Steam? ” and “Signed into a random stranger’s account”.
Stock-trading volume was lighter than the monthly average, which traders said could exaggerate moves in the market.
Chicago religious leaders urge vote of no confidence for mayor
Following a private roundtable meeting with pastors and religious leaders in Chicago , Republican presidential candidate Dr. Officers who saw Van Dyke shoot McDonald portrayed the teen as menacing, which is not how he appeared on screen.
Already shallow liquidity was drained further by the absence of Tokyo for a holiday, while on Thursday a host of markets globally will be either shut or closing early. Japanese markets were closed for a holiday.
“The oil price is still the big driver of market sentiment at the moment for stock markets, but I’m not sure if it will hold above those lows, given the concerns about a glut of supply”, said Hantec Markets’ analyst Richard Perry.
Gold prices inched down for the second straight session, hemmed into a narrow range in thin pre-holiday trade as major stock markets posted strong gains and the USA dollar climbed.
Energy and retail stocks remained in focus, as USA crude futures continued their bounce off multi-year lows and frenzied shoppers crowded malls nationwide for last-minute gifts. The Nasdaq composite added 26 points, or 0.5 percent, to 5,027. For the year it’s still down 21 per cent, the most in the S&P 500.
Global crude oil prices are beginning to stage a recovery after suffering a series of falls that sent them below $US40 a barrel. The broader All Ordinaries Index is up 52.10 points or 1.00 percent to 5,245.60.
Drilling rig operator Transocean jumped 3 percent in early trading Wednesday, and Hess rose 4 percent.
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FOOD WORRIES: Chipotle Mexican Grill fell $25.50, or 5 percent, to $496.70 after the fast food chain disclosed additional cases of E. coli had occurred at its restaurants. The euro sat at $1.0930 – heading towards $1.10 from just above $1.08 last week following the Fed rate rise, with speculation the next rise could be as late as April. The dollar slipped to 120.95 yen from 121.04 yen a day earlier. US 30-year Treasury bonds US30YT=RR were down 24/32 in price to yield 2.9619 percent, from a yield of 2.925 percent late on Monday.
