S&P 500 slips as chip stocks plunge, offsetting an oil-driven rally
A sell-off in semiconductor shares pulled the S&P 500 lower on Monday, wiping out an early rally that cheaper oil…
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IMF says oil markets have spent all three shock absorbers as U.S.-Iran conflict threatens to restart
The International Monetary Fund says oil markets have used up the three shock absorbers that kept crude prices from setting…
Dow jumps 452 points as oil slides on U.S.-Iran pause
Falling oil prices lifted the Dow Jones Industrial Average 452 points early Monday, after the U.S. and Iran paused their…
ING expects Bank of England to hold rates unless oil hits $120 and Dutch gas €80
ING Economics expects the Bank of England to leave rates unchanged on July 30 despite rising energy costs, with another…
Iran says it still controls Strait of Hormuz and is not seeking talks after Trump halts bombing
Iran said on Monday it still controls the Strait of Hormuz and has not asked to resume peace talks with…
