Wall Street set to open slightly lower

Wall Street set to open slightly lower
 

U.S. stocks looked set to open slightly lower as oil prices lost ground and investors assessed a set of economic data ahead of Federal Reserve Chair Janet Yellen's speech.
An agreement among major oil producing countries to curb output resulted in a near 6 percent surge in Brent crude prices on Wednesday, but investors were worried about a lack of clarity on details of the deal. Brent crude LCoc1 fell 0.82 percent. [O/R]
Wall Street cut losses on Wednesday, ending the session higher as the oil rally boosted shares of energy companies.
U.S. economic growth was less sluggish than previously... read more

 
29 September 2016 in World News, Views: 42
Source: Reuters
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