After wandering higher for the past two weeks, mortgage rates reversed course, pulling back to near yearly lows. The retreat began last week after the Federal Reserve met and expressed concerns about the economy.
TOKYO/SINGAPORE Asian shares wallowed at one-month lows on Friday as investors braced for the U.S. April payrolls report after jobless claims data raised doubts over the seemingly rosy employment picture.
SINGAPORE Oil prices fell on Friday, dragged down by a surging dollar and sliding Chinese commodities which at least temporarily outweighed crude supply disruptions in Canada as a result of a massive wildfire threatening its huge oil sands operations.
ArcelorMittal, the world's biggest steel producer, sees a broad recovery in the global steel market after prices for the metal rallied.
Traders work on the floor of the New York Stock Exchange (NYSE) April 15, 2016. REUTERS/Brendan McDermid. By Tanya Agrawal. (Reuters) - Wall Street gave up early gains and slipped into the red in afternoon trading on Thursday, dragged down by ...