Oil prices rose about 3% on Wednesday and hit their highest in about a month, buoyed by U.S. government data that showed a much larger-than-expected drawdown in U.S. crude inventories as exports hit a record high, and surprise drops in refined product stockpiles.
Shares of chipmakers rose on Wednesday after Micron Technology Inc forecast a recovery in chip demand in the second half of the year, easing concerns that rising trade tensions would exacerbate a slump in the sector.
U.S. stocks rose on Wednesday after comments from Treasury Secretary Steven Mnuchin’s fueled optimism that the United States and China were close to striking a trade deal, while the tech sector was boosted by chipmaker Micron’s upbeat results.
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the United States and China were close to a trade deal, CNBC reported.
U.S. stocks opened higher on Wednesday, as chipmaker Micron Technology’s upbeat results lifted technology shares and Treasury Secretary Steven Mnuchin’s comments fueled optimism that the United States and China would strike a trade deal.
U.S. stocks were set to open higher on Wednesday, bouncing back from a 1% drop in the previous session, after Treasury Secretary Steven Mnuchin’s comments fueled optimism that the United States and China would finally strike a trade deal.
French President Emmanuel Macron said on Wednesday he wanted Renault and Japan’s Nissan Motor to strengthen their alliance, with an eye on the fields of electric vehicles and automated driving.
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the United States and China were close to a trade deal, CNBC reported.
European stocks and U.S. equity futures were higher on Wednesday after a report fueled optimism about progress in U.S.-China trade talks, offsetting disappointment about the size of potential U.S. interest rate cuts.
U.S. stock index futures rose on Wednesday after Treasury Secretary Steven Mnuchin said the United States and China were close to reaching a trade deal, with strong results from chipmaker Micron adding to the upbeat mood.
General Mills Inc on Wednesday reported quarterly sales below Wall Street estimates, hurt by declines in its U.S. snacks business.
The United States “is not looking for victory” with China over trade but wants “a sensible deal that addresses the legitimate issues that we have,” U.S. Commerce Secretary Wilbur Ross said on Wednesday.
Airlines and regulators are gathering at a closed-door summit in Montreal on Wednesday to exchange views on steps needed for a safe and coordinated return of Boeing Co’s grounded 737 MAX jets to the skies following two deadly crashes.
Hackers working for China’s Ministry of State Security broke into networks of eight of the world’s biggest technology service providers in an effort to steal commercial secrets from their clients, according to sources familiar with the attacks.
President Emmanuel Macron said on Wednesday France would remain vigilant that Carlos Ghosn’s presumption of innocence and the former Renault-Nissan leaders’ rights to defend himself in a Japanese lawcase are respected.
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