World Market News of the 9 February with FXOpen #sp500 #oilprices #btcpump #btcnews
Milestone Crossed for S&P 500
The benchmark S&P 500 hit the 5,000 level for the first time on Thursday, but closed just under the milestone. The blue-chip Dow
also rose, while the tech-heavy Nasdaq Composite gained % as robust earnings and the continued advance of mega cap stocks have rallied the market in recent sessions.
Source: CNBC
Oil Rises for Fourth Straight Session on Gaza Ceasefire Rejection
Oil prices gained over 2% on Thursday, February 8, as investors considered the impact of Israel’s rejection of a ceasefire offer from Hamas and unexpected drops in US fuel stocks. Diplomatic efforts continue, with a Hamas delegation arriving in Cairo on Thursday for ceasefire talks with mediators Egypt and Qatar.
Brent crude futures rose $, or %, to $ a barrel. US West Texas Intermediate crude futures were up $, or %, at $. The Brent benchmark breached $80 a barrel for the first time since February 1 as it extended
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