Stocks sink on fears over new coronavirus strain | Financial Markets

Stocks, US Treasury yields and oil sink as new COVID-19 strain rattles markets. By Sunil JagtianiBloomberg Published On 26 Nov 2021 Stocks, Treasury yields and oil sank Friday while the yen jumped…

Oil selloff intensifies on Covid fears and risk of US-China intervention

US crude tumbled to a fresh seven-week low on Friday, settling at $76.10 a barrel. The slide is good news for American drivers hurt by the seven-year high in gasoline…

Larry Fink fears for energy transition, warns of market arbitrage

LONDON — Larry Fink, chair and CEO of BlackRock, suggests the so-named electrical power changeover toward greener electric power has to be radically rethought and blasted oil companies for offering…

Stocks advance as debt ceiling deadline fears abate

Stocks advanced Thursday, with investors cheering developments in Washington as lawmakers reached an agreement that would temporarily avert a government default by mid-month.   The three major indexes extended gains after…