Oil dipped on Thursday as investors turned their attention to upcoming U.S. employment reports, following gains of almost 3 percent a day earlier after positive manufacturing data lifted spirits across markets.
The U.S. manufacturing sector grew faster than expected in August but private employers unexpectedly cut jobs, showing the economic recovery still faces headwinds.
U.S. private employers unexpectedly cut 10,000 jobs in August compared to a revised gain of 37,000 in July, a report by a payrolls processor showed on Wednesday.
private employers unexpectedly cut jobs in August, a report by a payrolls processor showed on Wednesday, delivering another blow to the already faltering economic recovery.
Private employers unexpectedly cut 10,000 jobs in August compared to a revised gain of 37,000 in July, a report by a payrolls processor showed on Wednesday.
Streamlining export restrictions on defense goods and high-technology products will help create manufacturing jobs while boosting national security
The patient clearly looks ill, but is there at least a steady pulse?
Stocks fell for a third straight day on Thursday as a discouraging report on jobless claims underlined the lack of progress in turning around the anemic labor market.
Oil fell to a two-week low near $76 a barrel on Thursday, marking a third straight session of sharp losses, as fickle fuel demand continued to sour investor risk appetite.
Demand worries grew as data showed that people filing new claims for unemployment benefits in the United States unexpectedly rose in the latest week to its highest level in close to six months.
Stocks were set to fall about 1 percent at the open on Thursday as an unexpected rise in jobless claims heightened fears of a double-dip recession and a bleak outlook from Cisco weighed on the technology sector.
The dollar was on the defensive against major currencies on Monday, as disappointing U.S. jobs data on Friday highlighted a weakening U.S. economic outlook.
Market players were wary of chasing prices aggressively ahead of the U.S. Federal Reserve's policy meeting on Tuesday, with expectations mounting for some form of additional monetary easing.
Republicans emboldened by a weak U.S. jobs report pressed their attack against the ruling Democrats on Friday, hoping to translate Americans' unhappiness with the economy into votes on November 2.
Republicans emboldened by a weak U.S. jobs report pressed their attack against the ruling Democrats on Friday, hoping to translate Americans' unhappiness with the economy into votes on November 2.
Stocks fell on Friday after government data showed a larger-than-expected drop in July payrolls, giving investors a stark reminder the economic recovery remains slow.
Stocks tumbled on Friday after government data showed a larger-than-expected drop in July payrolls, increasing expectations of a slow economic recovery.
Employment fell for a second straight month in July as more temporary census jobs ended while private hiring rose less than expected, pointing to an anemic economic recovery.
Stocks were set for a lower open on Friday after data showed the economy shed far more jobs than expected last month, exacerbating worries the path to economic recovery would be rocky.
Stock index futures edged higher on Friday as investors awaited a key report on the labor market to provide direction.
Stock index futures were little changed on Friday as investors awaited a key report on the labor market to provide direction.
The dollar was on the defensive and Japanese stocks fell after weak U.S. jobless claims figures heightened worries that Friday's payroll data could paint a bleak picture of the U.S. economic recovery.
The dollar was on the defensive near a 3- month low against a basket of currencies after weak U.S. jobless claims figures heightened worries that Friday's payroll data could paint a bleak picture of the U.S. economic recovery.
A weak reading could fuel talk that the Federal Reserve may consider additional easing steps as early as next week, which could put pressure on the dollar particularly against the yen, given the pair's recent strong correlation with U.S. Treasury yields.
Stocks fell on Thursday as persistent concerns about unemployment and consumer spending were underscored by an unexpected rise in initial jobless claims and July retail sales that were mostly weaker than expected.