Tuesday, April 27, 2021

Oil rebounds, but gains limited amid demand concerns as India reels from COVID-19

Oil rebounds, but gains limited amid demand concerns as India reels from COVID-19 Brent crude was up 36 cents, or 0.6 percent, at $66.01 a barrel by 0334 GMT, after dropping 0.7 percent on Monday. US oil gained 36 cents, or 0.6 percent, to $62.27, having declined by 0.4 percent the previous session.

from Moneycontrol Business News https://ift.tt/3dQJKi2

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...