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Added on the 12/12/2014 23:53:46 - Copyright : Reuters EN
Madrid, Jul 20 (EFE) .- (Camera: EFE) The Spanish stock market has wiped out part of the losses of the day before with a rebound of 0.68% that has allowed it to distance itself from the level of 8,300 points with the help of the rise in Wall Street and the rebound in the price of oil, according to market data.FOOTAGE OF THE SPANISH STOCK MARKET, MADRID
Falling oil prices dragged down energy shares. But the major indices still posted gains for the week, as Fred Katayama reports.
U.S. stocks fell sharply on Tuesday, with energy shares slammed by lower oil prices and financials dropping on diminished prospects of a near-term rate hike. Bobbi Rebell 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.
Oil prices would have to bounce back to $60 a barrel for U.S. oil producers to generate a good rate of return, says S&P Capital IQ's Stewart Glickman. Fred Katayama reports.
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