U.S. crude oil ends 1.2% lower Friday and logs steepest weekly skid since October

Crude-oil futures finished sharply lower Friday, with the commodity staging a turnaround from earlier gains after a better-than-expected report on U.S. employment helped to deliver a fillip to the U.S. dollar, weighing on assets priced in the currency. West Texas Intermediate crude for September delivery closed down 81 cents, or 1.2%, to settle at $68.28 a barrel, with a weekly slide of 7.7%, based on the most-active contract at last week’s settlement. The weekly decline marked the sharpest for the contract since the week ended Oct. 30, FactSet data show. The dollar was climbing 0.6% on the day and 0.7% on the week, as gauged by the ICE U.S. Dollar Index .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

The post U.S. crude oil ends 1.2% lower Friday and logs steepest weekly skid since October appeared first on WE TEACH MONEY LIFE SELF DEFENSE WITH FINANCIAL GOALS IN MIND.

The post U.S. crude oil ends 1.2% lower Friday and logs steepest weekly skid since October appeared first on Buy It At A Bargain – Deals And Reviews.

European stocks skid on U.S.-China trade concerns; U.S. stock futures drop

European stocks skid on U.S.-China trade concerns; U.S. stock futures drop

The post European stocks skid on U.S.-China trade concerns; U.S. stock futures drop appeared first on WE TEACH MONEY LIFE SELF DEFENSE WITH FINANCIAL GOALS IN MIND.

The post European stocks skid on U.S.-China trade concerns; U.S. stock futures drop appeared first on Buy It At A Bargain – Deals And Reviews.