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Live stock market news: Investors dump U.S. stocks, oil falls below $80 level hitting energy stocks

Trump-linked SPAC merger loses support from PIPE investorsInvestors are pulling out of the deal by Digital World Acquisition to combine with Trump Media & Technology Group, a regulatory filing said.The moves come ahead of an October 10 special meeting of stockholders to approve the deal. The special purpose acquisition company (SPAC) said it received termination …

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Live market news: Stocks tumble for the day and week as investors digest jobs data, oil slides to the $86 level losing 6% for week ahead of OPEC meeting

Breaking NewsDow, S&P, Nasdaq tumble to end the week U.S. stocks reversed all gains on Friday to close lower across the board despite the solid monthly jobs report for August in which employers added 315,000 workers. For the week, the S&P 500 and Dow Jones Industrial Average fell 3% a piece, while the tech-heavy Nasdaq …

Live market news: Stocks tumble for the day and week as investors digest jobs data, oil slides to the $86 level losing 6% for week ahead of OPEC meeting Read More »

STOCK MARKET NEWS: Stocks slide for third day, Snap layoffs ahead, oil sinks to $91 level

SymbolPriceChange%ChangeUSO$78.692.843.74CVX$164.631.220.75XOM$100.122.252.30Oil prices dipped on Tuesday , paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global economic slowdown and soften fuel demand. Brent crude futures for October settlement dropped 56 cents, or 0.5%, to $104.53 a barrel by 0620 GMT, after …

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STOCK MARKET NEWS: Nasdaq leads rally, Ford’s sales soar, OPEC decision hits oil

U.S. equity futures traded higher Wednesday morning, following losses in the prior session as political tensions were in focus over House Speaker Nancy Pelosi’s visit to Taiwan.The major futures indexes suggest a gain of 0.2% when trading begins.Beijing announced a ban on imports of some Taiwanese goods but no immediate major penalties following the arrival …

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