Description
Added on the 02/02/2016 23:09:47 - Copyright : Reuters EN
Oil prices fell to near four-month lows on Monday after a steep drop in Chinese stock markets and on more evidence of a global oil supply glut that has halved prices over the past year. Sonia Legg reports
Falling oil prices dragged down energy shares. But the major indices still posted gains for the week, as Fred Katayama reports.
Wall Street retreated from record levels on Wednesday after a drop in oil prices pressured energy stocks, while shares of Walt Disney surged on its results and an acquisition. Bobbi Rebell reports.
Stocks finished the week with a losing sesion, although the major indexes managed to post weekly gains. Bobbi Rebell reports.
Investors focused on global politics after Turkey shot down a Russian warplane near the Syrian border, with stocks closing higher as the energy sector rose. Bobbi Rebell reports.