Stocks reverse early gains as oil prices at highest level since 2008

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 77%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Europe’s Stoxx 600 Index opens lower as mining and energy stocks advance via IrishTimesBiz

, lenders pull back from financing deals and the threat of new sanctions deters buyers. European natural gas jumped to a fresh record, while zinc hit the highest since 2007 and other industrial metals extended a powerful rally.

Treasuries were little changed after sharp losses on Wednesday, though the US 10-year yield remains below the 2 per cent levels seen before Russia’s action. The dollar and gold ticked up. Russia’s ostracism continues: MSCI and FTSE Russell are cutting Russian equities from widely-tracked indexes, while the

suspends dozens of Russian depositary receipts from trading, isolating the stocks from a large segment of the investment-fund industry.Ratings amid doubts about its capability and willingness to service debt.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ENERGY

Energy Energy Latest News, Energy Energy Headlines