Brent Oil Breaks Above $50 for First time in Seven Months (News:26/05/16)
Today’s Press
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Weekly jobless claims fell last week
Weekly applications for unemployment aid dropped 10,000 to a seasonally adjusted 268,000, the Labor Department said Thursday. The four-week average, a less volatile measure, increased to 278,500.
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Autos, planes boost durable-goods orders
Orders for durable or long-lasting goods made in the U.S. jumped 3.4% in April, fueled by higher demand for new cars, trucks and commercial jets. But a key measure of business investment fell again.
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Brent oil breaks above $50 for first time in seven months
Oil prices climbed above $50 a barrel on Thursday for the first time in nearly seven months as a global supply glut that plagued the market for nearly two years showed signs of easing.
Forex Quotes:
- USDJPY: 109.72
- EURUSD: 1.1201
Indices:
- S&P 500: 2,091.00
- NASDAQ : 4,894.75
Source:: Brent Oil Breaks Above $50 for First time in Seven Months (News:26/05/16)