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US stocks fluctuate, dollar retreats before Trump policy speech

  Bloomberg US stocks fluctuated near all-time highs, while the dollar and Treasuries retreated as investors awaited clues on President Donald Trump’s spending priorities. Politics set the tone in Europe, with the pound retreating and French bonds gaining. The Dow Jones Industrial Average looked to add to its longest rally since 1992, while 10-year Treasury yields climbed for the first ...

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Gulf falls on profit-taking; Egypt down on Q4 results

  DUBAI / Reuters Profit-taking dragged stock markets in the Middle East down on Monday, with Egypt lagging after some quarterly earnings failed to inspire. Saudi Arabia’s index lost 1.1 percent to 6,969 points, heading back down towards technical support at the mid-February low of 6,942 points. A little under nine-tenths of traded shares declined and trading volume was above ...

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Investors see oil break out of narrow range with record bets

  Bloomberg Oil has been bound to the tightest price range in more than a decade, and yet hedge funds have never been so confident it will eventually rally. Money managers boosted their bets on rising West Texas Intermediate prices to a record on speculation that the Organization of Petroleum Exporting Countries and its partners will manage to ease a ...

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