Business
Wall St. rallies as oil prices rebound
U.S. stocks rallied strongly on Thursday, with the S&P 500 crossing a key technical level, as a rebound in oil prices boosted energy companies.
Recent Business News
Fed to hike rates three times in 2016, economic outlook subdued: poll
The Federal Reserve will raise interest rates only three times this year as it faces a more subdued outlook for both the U.S. and world economies, a Reuters poll of economists found.
Falling inflation expectations could mean policy rethink: Fed's Bullard
MEMPHIS The continued rout on global oil markets has caused a "worrisome" drop in U.S. inflation expectations that may make further rate hikes hard to justify, St. Louis Federal Reserve President James Bullard said on Thursday.
Daimler boss criticizes VW over emissions scandal
BERLIN An emissions scandal like the one engulfing Volkswagen would not be possible at Daimler, Chief Executive Dieter Zetsche said on Thursday in an unusual dig at another carmaker.
Best Buy lowers sales outlook after holiday sales drop
Best Buy Co Inc said it expected its U.S. sales to fall by about 1.5 percent in the current quarter after weak demand for mobile phones during the holiday season, pushing its shares down 6 percent in premarket trading on Thursday.
Boeing sets sights on $2 billion United small jets order: sources
PARIS/NEW YORK United Airlines is close to deciding an order for about 30 small jets worth around $2 billion at list prices and Boeing looks well placed to win at least part of the deal after undercutting smaller rivals, industry sources said.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 16,358.37 |
+
206.96 |
+1.28% |
| S&P 500 | 1,915.49 |
+
25.21 |
+1.33% |
| NASDAQ | 4,588.91 |
+
62.85 |
+1.39% |
| TR US Index | 169.00 |
+
1.98 |
+1.19% |
Sector Summary
| Energy |
+2.65%
|
| Basic Materials |
-0.69%
|
| Industrials |
-0.44%
|
| Cyclical Goods & Services |
-0.88%
|
| Non-Cyclical Goods & Services |
-0.38%
|
| Financials |
-0.09%
|
| Healthcare |
+1.28%
|
| Technology |
+0.67%
|
| Telecoms |
-0.34%
|
| Utilities |
+0.23%
|
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