The Latest Breaking News on Markets

A major oil cartel has announced the biggest cut in production in years which could push up fuel prices around the world while bolstering Russia's war in

U.S. stocks pared losses toward the end of trading, with the Dow Jones gaining over 50 points on Wednesday.

Futures trading indicates that the two-day rally seen in the market may stall, as traders pause for a breather and harp on economic fundamentals. On Tuesday, the major U.S. averages gap-opened sharply higher. Consolidating the gains over the course of the sessions, each of them closed 2.8% or above.

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Wednesday after recording sharp gains in the previous session. The Dow Jones jumped by more than 800 points, while the Nasdaq Composite surged around 360 points on Tuesday. The S&P 500 also notched its biggest two-session surge since…

OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite climbing more than 300 points on Tuesday.

U.S. stocks traded higher midway through trading, with the Nasdaq Composite climbing more than 250 points on Tuesday.

U.S. stocks traded higher this morning, with the Dow Jones climbing more than 550 points on Tuesday.

The major U.S. index futures are pointing to a strong opening on Wall Street on Tuesday, as stocks attempt to carry on the momentum from the previous session.