Oil Falls to Two-Week Low as U.S. Stockpiles Seen Nearing Record

The euro tumbled Tuesday to its weakest level against the dollar in a month as weak economic data from across the globe helped support the greenback ahead of Friday’s eagerly anticipated U.S. jobs report. The European shared currency fell to a low of $1.0719, its weakest level since Dec. 3, when it erased a month of losses after the European Central Bank delivered a package of stimulus measures that was less comprehensive than investors...

Oil Falls to Two-Week Low as U.S. Stockpiles Seen Nearing Record

Oil dropped to a two-week low on speculation that a government report will show U.S. crude inventories climbed last week. Futures tumbled 2.1 percent in New York. Stockpiles probably rose the 13th time in 15 weeks, keeping them more than 130 million barrels above the five-year average, a Bloomberg survey showed. The American Petroleum Institute will release its weekly data today while the Energy Information Administration will report...

U.S. Shares Struggle to Rebound From Rout, Close Little Changed

U.S. shares closed little changed after China’s move to stabilize its financial markets left investors to focus on the prospects for global growth amid renewed selling in crude oil and weaker-than-expected auto sales. The Standard & Poor’s 500 Index rose 0.2 percent to 2,016.86 at 4 p.m. in New York, after wavering between gains and losses following the gauge’s 1.5 percent drop on Monday. Stocks in China rose Tuesday in volatile...

U.S. Equities Struggle to Rebound Following Year-Opening Selloff

U.S. stocks fluctuated with global equities, after China’s move to stabilize its financial markets left investors to focus on the prospects for global growth amid renewed selling in crude and weaker-than-expected auto sales. An early advance Tuesday withered as declines in General Motors Co. and Ford Motor Co. weighed after their December sales disappointed. Commodity shares slipped with oil. Netflix Inc. fell for a fourth day, down...

Europe Stocks Advance With Miners After Worst-Ever Start to Year

European stocks advanced, recovering some of the session’s earlier gains, after yesterday’s worst start to a year. Commodity producers posted the biggest gains among Stoxx Europe 600 Index groups. Glencore Plc and ArcelorMittal added at least 3.5 percent, helping send the regional benchmark up 0.6 percent at the close of trading. It rallied as much as 1.1 percent in the first ten minutes of trading, and then fell as much as 0.5 percent...