Oil Swings Amid Commodity Rebound as U.S. Crude Stockpiles Fall

Oil swung between gains and losses amid a rebound in commodities while industry data showed U.S. crude stockpiles declined. Futures were little changed in New York after advancing 2.8 percent Tuesday. U.S. crude inventories decreased by 7.3 million barrels last week, the American Petroleum Institute was said to have reported. An increase of 1.45 million barrels is forecast in a Bloomberg survey before an Energy Information Administration...

Dollar Pares Gains as U.S. Stocks Fall Amid Renewed Volatility

The dollar pared gains as U.S. stock markets erased advances after China cut interest rates following Monday’s $2.7 trillion global equity wipeout. The dollar trimmed earlier gains, rising 0.5 percent to 118.98 yen as of 4:09 p.m. in New York, after slumping to 116.18 on Monday, the weakest since Jan. 16. The greenback rose 1.1 percent to $1.1488 per euro, bouncing back after...

Saham Jepang, Hentikan Penurunan Dalam Enam Hari

Indeks saham Jepang menguat, menghentikan penurunan dalam enam hari terakhir seiring para investor menimbang dampak pemangkasan suku bunga China. Indeks Topix naik 1,2 persen ke level 1,449.75 pukul 09:05 pagi di Tokyo, dengan semua kelompok 33 saham sub industri mengalami penguatan. Indeks Nikkei 225 Stock Average menguat 0,3 persen ke level 17,864.88. Yen ditransaksikan pada level 118,81 per dolar setelah melemah 0,4 persen pada Selasa...

Relief Rally Evaporates in U.S. Stocks as China Anxiety Bubbles

A rebound that took the Dow Jones Industrial Average up more than 440 points disappeared as traders said trepidation over what will happen in China’s market made holding on to stocks too risky for most investors. The 30-stock index slid 1.3 percent to 15,665.77 at 4 p.m. in New York, down 4 percent from its highest point. The peak-to-trough retreat matched Monday’s selloff, when...

U.S. Stocks Rally as S&P 500 Rebounds From Drop Into Correction

U.S. stocks rallied, with the Standard & Poor’s 500 Index clawing back some of its losses from a global rout that sent the benchmark into a correction amid the steepest two-day drop since the financial crisis. Technology shares led the rebound as Apple Inc. jumped the most since January. JPMorgan Chase & Co. and Bank of America Corp. advanced at least 3.8 percent to lead banks back from their worst two-day slide in four years....