Archives for June 2017

June 2017 - Page 8 of 26 - Money Morning - Only the News You Can Profit From

World Stock Markets Mixed; Falling Oil Prices Curb Interest In Equities

World stock markets were mixed overnight, as gains were limited by swooning energy sector stocks due to falling crude oil prices recently. U.S. stock indexes are pointed toward weaker openings when the New York day session begins.

Gold prices are holding moderate gains in pre-U.S.-session trading. Short covering in the futures market and bargain hunting in the cash market are featured, following recent selling pressure.

Besides the recent slump in crude oil prices, another feature in the marketplace this week has been falling world government bond yields.