NEW YORK, Dec 4 Reuters The bull is nearly loose. The SP 50039;s feverish lateyear rally has brought the index to its highest level of 2023, leaving it just 4.2 away from the alltime peak reached in January 2022. A close above 4,796.56 on the SP 500 would confirm that the index has been in a bull […]

LAUNCESTON, Australia, Dec 4 Reuters The two main spot prices for iron ore diverged last week, with Singaporetraded contracts gaining but China39;s domestic futures posting a decline. The two benchmarks generally move in tandem, but can decouple, especially when Beijing expresses displeasure over price gains for the key steel raw material, as has happened in […]

Dec 4 Reuters A look at the day ahead in European and global markets from Wayne Cole Asian stocks have made a hesitant start to the week, while gold hit a new peak and Treasuries ran into profittaking on their recent stellar gains. Oil failed to sustain an early rally that followed news of attacks […]

Dec 4 Reuters Saudi Arabia39;s stock market rose in early trade on Monday on expectations global interest rates would ease, although falling oil prices limited gains. Saudi Arabia39;s benchmark index edged 0.1 higher, with digital security firm Elm Company rising 0.5. On the other hand, oil behemoth Saudi Aramo eased 0.2. Oil futures reversed course after rising briefly amid persistent […]