Oil fell as industry data showed crude stocks rose in the United States and investors digested a deal agreed in Washington a day earlier to avoid a debt default.
Asian stocks ended mostly higher on Thursday but pared gains after President Obama signed a last-minute Congressional deal to avert a debt default.
Stocks closed at session highs Wednesday, with the Dow up 200 points and S&P within 1 percent of its record, after Senate leaders announced a long-awaited compromise to raise the debt ceiling and put an end to the government shutdown.
U.S. Treasury yields moved lower on Wednesday after the Senate announced a last-minute deal to reopen the government.
European equities closed higher on Wednesday as investors bet on an imminent deal in Washington to avert a U.S. debt default.
Gold settled higher as it appeared U.S. lawmakers would strike a last-minute deal to prevent the country from defaulting on its debt.
The dollar rose against most currencies on Wednesday after the Senate announced a deal that would avert a U.S. default and re-open government.
Stocks closed near session highs Friday, hoisting the Dow and S&P 500 to finish in the black for the week, as investors grew more optimistic over the progress in Washington.
Asian stocks were in a holding pattern on Wednesday on caution whether the U.S. could avert a debt default after Senate lawmakers resumed talks.
U.S. oil ended modestly higher on Monday, as traders covered short positions in the event that U.S. politicians reach a deal to fund the government.
Stocks closed sharply lower in volatile trading Tuesday, with the Dow and S&P 500 snapping their four-day rally, as ongoing worries over the impasse over the debt ceiling continued to weigh on the markets.
Gold settled higher on Monday as the U.S. fiscal impasse remained unresolved.
European equities closed higher on Tuesday, as expectations of an imminent debt deal in the U.S. encouraged global market sentiment.
Chinese stocks outperformed Asia on Monday as investors cheered a stronger-than-expected inflation report.
European shares closed higher on Friday amid signs that U.S. lawmakers are moving closer to a deal.
The dollar slipped on Monday and the yen rose on safe-haven demand, as lawmakers struggled to reach a deal before this week's debt ceiling deadline.
Asian stocks enjoyed a relief rally on Friday on optimism that U.S. lawmakers would soon reach a deal to avert a debt default.
Gold settled lower on signs the US budget impasse might be heading towards a resolution put the dollar on track for a weekly gain.
Oil prices jumped on Thursday, with U.S. oil settling sharply higher on growing hope for a deal to extend funding of the U.S. government.
Stocks closed out the session with a sharp bang Thursday, with major averages rallying more than 2 percent across the board, as lawmakers seemed to move closer to a deal to resolve the political stalemate in Washington.
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The Russian will offer dollar and euro loans to banks that put foreign-currency loans to major exporters up as collateral.
Economic crisis could shake the ties between Putin and the oligarchs of his inner circle, experts said. Global Post reports.
Global investors shouldn't be looking at Russia as the tip of a systemic Russia-leads-to-contagion crisis, Douglas Rediker said.