Author Topic: Global Stocks Move Lower on Oil-Price Decline  (Read 684 times)

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Offline endicom

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Global Stocks Move Lower on Oil-Price Decline
« on: July 16, 2018, 01:44:09 pm »
4-traders
Ben St. Clair
July 16, 2018

-- Oil prices fall on supply concerns
-- Global stocks decline
-- Banks report strong earnings

Global stocks edged downward Monday, with weak Chinese economic data and falling oil prices kicking off a week heavy in corporate results.

The Stoxx Europe 600 fell 0.3% in early afternoon trading, with oil-and-gas companies among decliners. Brent crude futures, the global benchmark, fell 2.1% amid concerns that Russia would increase output beyond what it agreed to last month. Shares in BP fell 1.8% and Royal Dutch Shell was down 1.4%.

More... http://www.4-traders.com/news/Global-Stocks-Move-Lower-on-Oil-Price-Decline--26935371/


*Hint* - This is a WSJ article. 4-traders often prints the economic/market WSJ articles.