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    Home > Biochemistry News > Amino Acids Research > U.S. stocks fall, international oil prices fall below $70 a barrel.

    U.S. stocks fall, international oil prices fall below $70 a barrel.

    • Last Update: 2020-07-03
    • Source: Internet
    • Author: User
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    New York stock market downby the global stock market generally decline and financial and futures-related stocks fell, 31 New York stock market all three major stock indexes closed lowerthe day, the New York market international crude oil futures prices fell below $70 a barrel, copper, gold prices also fell, leading energy and basic materials stocks led the decline, financial stocks were among the biggest declinersBank of America Securities -Merrill Lynch downgraded Morgan Stanley's stock to "neutral" from "buy" and Morgan Stanley's shares fell 1.9 percentAIG, the insurance giant whose share price nearly tripled in August, fell 10.3 per cent after Barron's Weekly said AIG was "overpriced"In addition, the setback in overseas stock markets has also put pressure on the New York stock marketAsian stocks fell sharply on the day, while European stocks fellBy the close of trading in New York, the Dow Jones Industrial Average was down 47.92 points, or 0.50 per cent, at 9,496.28The Standard and Poor's 500-stock index fell 8.31 points, or 0.81 percent, to 1,020.62The Nasdaq composite fell 19.71 points, or 0.97 percent, to 2,099.06international oil prices fell below $70 a barrel on the 31st
    International oil prices fell sharply below $70 a barrel on the 31stday, global stock markets fell broadly, investors again worried about the prospects of a global recoveryCommodity markets were dominated by optimism as a series of earlier data showed that the global economy had come out of the doldrums However, as oil prices have risen, more and more investors believe that the current economic fundamentals are not yet able to support the continued rise in crude oil prices, so international oil prices at the key psychological threshold of $75 a barrel have been severely stymetby, and fell back to near $70 a barrel analysts point out that new highs in oil prices need to be supported by clearer signs of recovery, with U.S jobs data due out this week of particular concern Light crude futures for October delivery fell $2.78 to close at $69.96 a barrel on the New York Mercantile Exchange ended the day Brent for October delivery fell $3.14 to close at $69.65 a barrel in London gold futures in New York fell slightly
      Gold futures for December delivery fell $5.30, or 0.5 percent, to $953.50 an ounce on the New York Mercantile Exchange on Friday, helped by a sharp drop in commodity markets such as crude oil 31, the U.S commodity market generally showed a relatively large decline By the close of intraday trading in gold futures, crude futures for October delivery in New York were down about 4 percent and back below $70, while the December contract for copper, the basic metal, was down 12.4 cents at $2.8265 a pound, and soybean futures on the Chicago Board of Trade were sharply lower The collective decline in commodity markets, while dragging gold down, also reduces the risk of inflation and weakens the gold's preservation properties However, the dollar's weakness on the day limited gold's decline Silver futures for December delivery rose 10.8 cents to $14.923 an ounce, Platinum futures for October delivery fell $1.90 to $1,244 an ounce the decline in the New York stock market
    affected by the global stock market decline and financial and futures-related stocks fell, 31 New York stock market all three major stock indexes closed lower the day, the New York market international crude oil futures prices fell below $70 a barrel, copper, gold prices also fell, leading energy and basic materials stocks led the decline , financial stocks were among the biggest decliners Bank of America Securities -Merrill Lynch downgraded Morgan Stanley's stock to "neutral" from "buy" and Morgan Stanley's shares fell 1.9 percent AIG, the insurance giant whose share price nearly tripled in August, fell 10.3 per cent after Barron's Weekly said AIG was "overpriced" In addition, the setback in overseas stock markets has also put pressure on the New York stock market Asian stocks fell sharply on the day, while European stocks fell By the close of trading in New York , the Dow Jones Industrial Average was down 47.92 points, or 0.50 per cent, at 9,496.28 The Standard and Poor's 500-stock index fell 8.31 points, or 0.81 percent, to 1,020.62 The Nasdaq composite fell 19.71 points, or 0.97 percent, to 2,099.06 international oil prices fell below $70 a barrel on the 31st
      International oil prices fell sharply below $70 a barrel on the 31st day, global stock markets fell broadly, investors again worried about the prospects of a global recovery Commodity markets were dominated by optimism as a series of earlier data showed that the global economy had come out of the doldrums However, as oil prices have risen, more and more investors believe that the current economic fundamentals are not yet able to support the continued rise in crude oil prices, so international oil prices at the key psychological threshold of $75 a barrel have been severely stymetby, and fell back to near $70 a barrel analysts point out that new highs in oil prices need to be supported by clearer signs of recovery, with U.S jobs data due out this week of particular concern Light crude futures for October delivery fell $2.78 to close at $69.96 a barrel on the New York Mercantile Exchange ended the day Brent for October delivery fell $3.14 to close at $69.65 a barrel in London gold futures in New York fell slightly
      Gold futures for December delivery fell $5.30, or 0.5 percent, to $953.50 an ounce on the New York Mercantile Exchange on Friday, helped by a sharp drop in commodity markets such as crude oil 31, the U.S commodity market generally showed a relatively large decline By the close of intraday trading in gold futures, crude futures for October delivery in New York were down about 4 percent and back below $70, while the December contract for copper, the basic metal, was down 12.4 cents at $2.8265 a pound, and soybean futures on the Chicago Board of Trade were sharply lower The collective decline in commodity markets, while dragging gold down, also reduces the risk of inflation and weakens the gold's preservation properties However, the dollar's weakness on the day limited gold's decline Silver futures for December delivery rose 10.8 cents to $14.923 an ounce, Platinum futures for October delivery fell $1.90 to $1,244 an ounce (name) 
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