Friday, December 29, 2017

Oil closes above $60 a barrel for the first time in 2.5 years

Crude oil prices closed at their highest level in two and a half years after a pipeline explosion in Libya.
CNNMoney Markets Now
 
Dow Nasdaq S&P
-118.29   -46.77   -13.93
24,719.22   6,903.39   2,673.61
-0.48%   -0.67%   -0.52%
YTD +25.08%   YTD +28.24%   YTD +19.42%
 
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NRG Energy Inc +1.68%
 
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Key Market Stats Latest Today's Change
Oil $60.08 +0.24 / +0.40%
Gold $1,304.60 +7.40 / +0.57%
10-yr 2.41% -0.03 / -1.11%
Euro $1.20 +0.01 / +0.45%
News: What you need to know about the markets
 
 
Oil closes above $60 a barrel for the first time in 2.5 years
Crude oil prices closed at their highest level in two and a half years after a pipeline explosion in Libya. Read more »
 
Argentina's currency nosedives again this year
Argentina's currency, the peso, suffered another bruising year, down 15% in 2017. A mix of political and economic setbacks, despite some victories, drove the currency down. Read more »
 
It was an epic year for stocks
The Dow raced 25% higher in 2017, getting even closer to 25,000 and making this year its best since 2013. Read more »
 
U.S. consumer confidence remains near 17-year high
Consumer confidence in the United States remained near a 17-year high in December, according to the Conference Board. Read more »
 
Tax overhaul costs Goldman Sachs $5 billion
Goldman Sachs is forecasting that changes to U.S. tax rules will lead to a $5 billion hit in 2017. Read more »
 
The top global stock markets of 2017
U.S. stocks had a great year. But so did markets in Argentina, Nigeria, Turkey and Hong Kong. Read more »
 
 
 
 
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