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U.S. Economy

Global Markets

Global Stock Markets Mostly Weaker, As U.S. Jobs Data On Deck

World stock markets were mostly weaker overnight, ahead of the big economic report of the week that is due out shortly: the U.S. Labor Department employment report for November. The non-farm payrolls figure is forecast to rise by 180,000.

U.S. stock indexes are pointed toward weaker openings when the New York day session begins. Some market watchers are now wondering if the "Trump rally" in world stock markets has now run its course.

Stock markets in Europe were pressured in part on worries about this Sunday's Italian referendum on constitutional reforms.

Global Markets

World Markets Now Focusing On Sunday's Italian Referendum, ECB Meeting Next Week

Global stock markets were mixed overnight, on this first trading day of the month. Asian shares benefitted from Wednesday's OPEC agreement to cut production levels, while stock markets in Europe were pressured on worries about the December 4 Italian referendum on constitutional reforms.

A "no" vote on the reforms could eventually put Italy in violation of European Union rules. U.S. stock indexes are pointed toward weaker openings when the New York day session begins.

World bond markets remain in focus as yields continue on the rise. U.S. 10-year yields have risen to 2.4% late this week.

Global Markets

Sharp Gains In Crude Oil Prices Lift Global Stock Markets Wednesday

World equity markets were mostly firmer Wednesday amid sharply higher crude oil prices. U.S. stock indexes are pointed toward firmer openings when the New York day session begins.

Traders and investors worldwide are anxiously awaiting the results of the OPEC oil cartel meeting that began Wednesday in Vienna, Austria. Crude oil prices are sharply higher on reports Iran's oil minister said he believes a deal to curtail the cartel's collective crude oil production will be reached, even though Iran does not want to immediately scale back its output.

There is also marketplace uncertainty regarding the December 4 Italian referendum on constitutional reforms.

Global Markets

World Marketplace Awaiting OPEC Meeting To Kickoff Wednesday

Global stock markets were narrowly mixed overnight. European stock markets were mostly firmer as Italian financial stocks posted a recovery from recent losses. Asian stocks were mixed, with buying interest limited by lower raw commodity market prices Tuesday. U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins.

Gold prices are moderately lower in early U.S. trading Tuesday

Global Markets

Global Stock Markets Mostly Weaker; Focus On OPEC Meeting Wednesday

World equity markets were mostly weaker overnight. U.S. stock indexes are pointed toward weaker openings when the New York day session begins. Traders and investors worldwide are anxiously awaiting the results of this week's OPEC oil cartel meeting.

Some reckon OPEC may be able to come to a final agreement to cut production, as the cartel reported in September

Global Markets

World Markets Subdued, Awaiting Reopen of U.S. Markets After Thanksgiving Holiday

Global stock markets were narrowly mixed in quieter trading Friday, and awaiting the open of U.S. markets that were closed on Thursday for the Thanksgiving holiday. Japan's Nikkei stock index hit a 10-month high Friday amid the recent decline in the Japanese yen against the U.S. dollar.

U.S. stock indexes are pointed toward firmer openings when the New York day session begins.

Global Markets

World Marketplace Quieter Ahead Of U.S. Thanksgiving Holiday

World equity markets were mixed in quieter trade Wednesday. U.S. stock indexes are pointed toward slightly lower openings when the New York day session beings. The U.S. Thanksgiving holiday on Thursday will keep the world marketplace somewhat muted the rest of this week. The major U.S. stock indexes have this week hit record highs, in the aftermath of the surprise U.S. presidential election that resulted in a win by Donald Trump.

Gold prices are trading near steady in early U.S. dealings.

Global Markets

World Stock Markets Higher Amid Rallies In Key Commodity Markets And Trump Effect

Global stock markets were mostly firmer Tuesday, boosted by generally higher raw commodity market prices, led by crude oil. Nymex crude oil futures prices hit a three-week high overnight and are closing in on $50.00 a barrel. Energy market watchers now reckon the OPEC oil cartel may be able to come to a final agreement to cut production at next week's meeting. Iran and Iraq are reportedly backing the production-cut plan.

U.S. stock indexes are pointed toward higher openings when the New York day session begins.

US Economy

This Might Be the Last Black Friday for 3 American Companies

Black Friday brings in massive sales for American companies, but some are in serious trouble.

We've compiled a list of three failing American companies on deathwatch this holiday season...

Global Markets

Strong U.S. Dollar, Rising Bond Yields Pressure Global Stock Markets Friday

Global equity markets were under pressure Friday as the rout in world bond markets continues, amid ideas that better world economic growth and more spending (led by the U.S.) will push interest rates higher and reignite some inflationary price pressures. Some profit taking from recent gains is also featured in world stock indexes Friday. U.S. stock indexes are pointed toward weaker openings when the New York day session begins.

Gold prices are moderately lower and fell to a nine-month low overnight.