Global stock markets wavered on Monday even as Tokyo closed at an all-time high, while oil prices retreated despite a decision by major crude producers to extend output cuts.
Moscow, Riyadh and several other OPEC+ members on Sunday announced extensions to oil production cuts first announced in 2023 as part of an agreement among oil producers to boost prices following economic uncertainty.
Wall Street stocks rose Thursday after a key US inflation measure brought investors some relief, though global markets were mixed over questions of when interest rates might start coming down.
Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency.
Global equities mostly rose Tuesday despite lackluster consumer confidence data in the United States and Germany, as the tech-linked Nasdaq pushed higher.
Stock markets were mixed on Monday after last week's rally as investors turned their attention to a clutch of economic data in the coming days.
Reddit on Thursday told US stock regulators that it plans to go public on the New York Stock Exchange under the symbol "RDDT."
Reddit did not provide details regarding the number or price of shares nor when the initial public offering would occur.
Wall Street stocks were mixed Wednesday, reversing some earlier declines, as traders nervously awaited earnings from US tech darling Nvidia and digested Federal Reserve minutes that signaled slower interest rate cuts ahead.
Wall Street and European stocks mostly fell on Tuesday as gains made in Asia after China's central bank sprang a record cut to a benchmark lending rate to boost the nation's struggling economy failed to carry over.
Chinese stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed rate cuts.
The International Energy Agency warned Thursday of plummeting oil stocks even as global growth in demand loses momentum.
British energy group Shell on Wednesday forecast that world demand for liquefied natural gas would jump more than 50 percent by 2040, fuelled by China dumping coal.
European and US stocks rebounded Wednesday from the previous day's sharp losses, as dealers went fishing for bargains, digested lower-than-expected UK inflation and shrugged off equity losses elsewhere.
Stocks in the United States and Europe slumped on Tuesday while the dollar climbed as data showed that US inflation slowed less than expected in January, diminishing chances of an early interest rate cut.
Following the UN's COP28 climate talks in oil-fuelled Dubai, the COP29 conference is headed for the historic cradle of oil, Azerbaijan, which is in the midst of a gas boom.
The Dow climbed to a fresh record Monday on a mixed day for global equities as markets awaited an influential US inflation report.
Asian markets were mixed in holiday-thinned trade Friday as investors struggled to build on another record-setting day on Wall Street, with focus on the upcoming release of key US inflation data.
The S&P 500 flirted with a landmark new peak Thursday, but finished just shy of 5,000 points, while oil prices shot higher on worries about the Middle East.
