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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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Asia FX muted as dollar holds weekly gains; yen steady with election in focus
Most Asian currencies weakened slightly on Friday as the dollar retained a bulk
of its weekly gains on expectations of a slower pace of interest rate cuts by
the Federal Reserve.
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Oil heads for weekly gain as Middle East tensions keep traders on edge Reuters
Oil prices rose on Friday and are on track for a weekly gain of more than 1%, as
tensions in the world's top oil-producing region, the Middle East, and a restart
in Gaza ceasefire talks in the coming days kept traders on edge.
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Microsoft CEO Nadella's 2024 pay rose 63% to $79 million on stock awards
Microsoft (NASDAQ:MSFT) CEO Satya Nadella's fiscal 2024 compensation surged 63%
to $79.1 million, according to a filing on Thursday, helped by his stock awards
in a year when the tech behemoth's market value breached $3 trillion.
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Tesla, UPS, Hasbro and Southwest rise premarket; Boeing and IBM fall
US stock futures edged higher Thursday, following a day of declines on Wednesday
that was marked by rising yields and falling megacap tech shares.
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Futures bounce after selloff as Tesla jumps 11%
Futures tracking the S&P 500 and the Nasdaq 100 rose on Thursday as an upbeat
forecast from Tesla (NASDAQ:TSLA) kicked off megacap earnings on a positive
note, following declines in major indexes in the previous session.
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Bitcoin price today: steady at $67k with focus on rates, election
Bitcoin’s price steadied on Thursday after pulling back from recent highs as
anticipation of a tight presidential election and relatively higher U.S.
interest rates kept traders averse towards crypto.
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