Oil crash pummels stocks and bond yields; dollar rises

Oil crash pummels stocks and bond yields; dollar rises

NEW YORK (Reuters) – Stock markets around the world fell on Tuesday, as oil prices hit a two-decade low a day after some U.S. crude oil futures turned negative for the first time ever, underlining worries about deep economic damage from the coronavirus pandemic. While gold is often seen as a safe haven bet, that […]
Bleak jobs data keeps dollar at one-week high

Bleak jobs data keeps dollar at one-week high

NEW YORK (Reuters) – The dollar hit a one-week high on Thursday as investors fled to safe-haven assets following the release of weekly U.S. jobless data which showed a record 22 million Americans have sought unemployment benefits in the last month, erasing...