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Oil futures on Thursday marked their first gain in four sessions, finding support from Energy Information Administration data showing a nearly 5 million barrel weekly decline in distillate supplies, which contributed to concerns about heating-fuel supplies ahead of the winter season. Prices had posted declines for three consecutive sessions amid worries over a potential recession […]

The Dow Jones Industrial Average’s DJIA, +2.75% big rally Thursday is unanimous, as the stocks of all 30 of the blue chip barometer’s components gained ground. The biggest percentage gainers were shares of Walgreens Boots Alliance Inc. WBA, +5.17%, which ran up 5.8% after the drug store and healthcare services company reported better-than-expected earnings, and […]

Gold futures ended Thursday with a modest loss after U.S. data showed a stronger than expected September inflation reading. “Recent gold price movements remain highly correlated to inflation expectations, not current inflation levels,” and Thursday’s consumer price index print increases the odds for continued Federal Reserve tightening, said Tom Hainlin, global investment strategist at U.S. […]

The Energy Information Administration on Thursday reported that U.S. crude inventories rose by 9.9 million barrels for the week ended Oct. 7. On average, analysts forecasted a climb of 2.2 million barrels, according to a poll conducted by S&P Global Commodity Insights. The increase came on the heels of a weekly crude stock decline of […]

Shares of Laser Photonics Corp. LASE, +39.42% blasted off again on heavy volume Thursday, after the laser-cleaning company said Coca-Cola Co. KO, +1.31% implemented its first CleanTech Handheld Laser Blasting system in beverage giant’s manufacturing facilities. Coca-Cola will be using the laser-cleaning system to remove corrosion from its plastic bottle molds. “With our foot in […]

• GBPAUD reversed from resistance zone • Likely to fall to support level 1.7400 GBPAUD currency pair recently reversed down from the resistance zone lying between the strong resistance level 1.7650 (which has been reversing the pair from July) and the upper daily Bollinger Band. The downward reversal from this resistance zone is aligned with […]