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US stocks end down, crude slides amid Fed, geopolitical crosscurrents

Posted on April 17, 2024 by Financial Edge Daily

By Stephen Culp NEW YORK (Reuters) -U.S. stocks closed lower on Wednesday as crude prices tumbled and investors weighed cautious U.S. Federal Reserve commentary and ongoing geopolitical strife against mixed quarterly earnings….

IDB eyes joint goals statement with multilateral banks on Saturday

Posted on April 17, 2024 by Financial Edge Daily

By Marcela Ayres WASHINGTON (Reuters) – The Inter-American Development Bank plans to release a statement on Saturday with joint goals of multilateral development banks that is expected to entail priority-sharing and the…

US dollar weakens as market consolidates gains, but uptrend intact

Posted on April 17, 2024 by Financial Edge Daily

By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar on Wednesday fell for the first time in six days, as investors consolidated gains after Federal Reserve officials repeated the interest…

Columbia University president takes heat at congressional antisemitism hearing

Posted on April 17, 2024 by Financial Edge Daily

By Gabriella Borter (Reuters) – A U.S. congressional committee on Wednesday accused Columbia University’s president of failing to protect Jewish students on campus, echoing accusations leveled against three other elite university leaders…

Oil settles down 3% as demand worries outweigh Middle East supply risks

Posted on April 17, 2024 by Financial Edge Daily

By Laura Sanicola (Reuters) -Oil prices settled down 3% on Wednesday, pressured by a rise in U.S. commercial inventories, weaker economic data from China and U.S. progress on Ukraine and Israel aid…

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