Oil futures rebound on eve of OPEC meeting

Oil futures rallied on Thursday, as talk of a possible cut in production from the Organization of the Petroleum Exporting Countries and weakness in the U.S. dollar helped crude recoup nearly 3% of a decline that took the U.S. benchmark below $40 a barrel. On the New York Mercantile Exchange, January West Texas Intermediate crude tacked on $1.14, or 2.9%, to settle at $41.08 a barrel. January Brent crude rose $1.35, or 3.2%, to $43.84...

U.S. Stocks Tumble Amid Yellen Testimony, ECB Stimulus Moves

The Standard & Poor’s 500 Index slumped the most in two months as Federal Reserve Chair Janet Yellen signaled the economy is nearly ready for higher borrowing costs, while the scale of the European Central Bank’s additional stimulus measures disappointed some investors. Equities fell to their lowest level in almost three weeks as investors grapple with an array of influences, including divergent policies from major central banks,...

U.S. Stocks Decline Amid Yellen Testimony, ECB Stimulus Moves

U.S. stocks declined as Federal Reserve Chair Janet Yellen signaled the economy is nearly ready for higher borrowing costs, while the scale of the European Central Bank’s additional stimulus measures disappointed some investors. Equities fell to a two-week low and are headed toward year end with their smallest move in four years. Investors are grappling with an array of influences, including divergent policies from major central banks,...

Europe Stocks Slump Most Since August as Draghi Fails to Impress

European equities tumbled the most since the August selloff as the additional stimulus measures unveiled by the region’s central bank underwhelmed investors. The Stoxx Europe 600 Index lost 3.1 percent at the close of trading in London, reversing a gain of 0.9 percent. The European Central Bank lowered its deposit rate, and President Mario Draghi said it will extend its quantitative-easing program until at least March 2017, including...

U.S. Stocks Fluctuate Amid ECB Moves Before Fed's Yellen Speaks

U.S. stocks fluctuated before testimony from Federal Reserve Chair Janet Yellen on the economic outlook, while the scale of the European Central Bank’s additional stimulus measures disappointed some investors. The Standard & Poor’s 500 Index rose 0.2 percent to 2,083.56 at 9:32 a.m. in New York, after falling 1.1 percent yesterday amid a plunge in oil prices. Equity futures earlier swung between gains and losses amid the ECB’s moves...