News Formal

European stocks head for lower open as investors focus on oil market moves

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

European stocks are heading for a lower open as investors focus on the latest oil market action after Saudi Arabia and Russia extended oil production cuts.

CNBC Pro: Here are the most overbought and oversold major global stocks, including tech and bank names

The relative strength index , which measures the magnitude and speed of price moves, can be used by investors to determine if shares are overbought or oversold.Arm sets U.S. IPO between $47 and $51 per share . SoftBank, which owns Arm, plans to sell 95.5 million shares. This all implies a valuation of up to $54.5 billion.CNBC Pro: RBC just raised its bet on this 'recession resistant' Canadian stock, giving it 20% upside

 

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:

 /  🏆 569. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saudi Arabia, Russia extend oil cuts through 2023, boosting market pricesSaudi Arabia and Russia on Tuesday prolonged oil production cuts through the end of this year in a bid to drive market prices higher after remaining far below 2022 record levels.
Source: WashTimes - 🏆 235. / 63 Read more »

Energy stocks lead S&P 500 again, as Saudi Arabia, Russia extend crude-supply cutsEnergy stocks are leading the S&P 500 index on Tuesday, while most other sectors are in red, as Saudi Arabia and Russia extend oil supply cuts.
Source: MarketWatch - 🏆 3. / 97 Read more »