U.S. stock markets closed lower after three straight days of gains after the EIA reported higher than forecast oil inventories.
U.S. stocks move lower in midday trading on Wednesday on higher than forecast oil inventories released by the Energy Information Administration.
U.S. stocks were little changed on Wednesday as third-quarter earnings continued to roll in and consumer price data showed below-trend inflation amid rising housing market activity in the U.S.
U.S. stock futures are pointing to a slightly lower open as third-quarter earnings season in the U.S. continues and housing market activity buoys investors’ confidence in the U.S. economy.
U.S. stocks surged on stronger-than-expected housing activity and a moderating of volatility after sharp moves in bond, commodity and currency markets roiled equities in the first two weeks of volatility.
Activity in the U.S. housing market hit a one-year high, bolstering U.S. stocks and outweighing a trend of third-quarter earnings shortfalls among Dow giants.
Third-quarter earnings in the U.S. continue to reflect strengthen consumer spending, but some troubling signs for Dow Industrials bellwethers.
U.S. stock futures are rising steadily after Chinese gross domestic product for the July-September quarter rose 7.3%, exceeding consensus forecasts.
A light day of economic data led to one of the least volatile trading sessions in U.S. stock markets since slumping global economic data roiled markets this October.
For the first time in weeks, corporate news is driving stock markets.