Stocks – Dow Closes Higher Despite Giving up Gains in Roller-Coaster Trade – Investing.com

© Reuters. Investing.com – The Dow closed higher Thursday, despite giving up most of its gains, as optimism over U.S.-China trade faded and weakness in financials weighed. The rose 0.29% to 24,597, below its session high of 24,740. The fell 0.02%, while the fell 0.39%. Positive sentiment on trade faded, pressuring the broader market, even…

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US crude closes in bear market territory, settling at $60.67, down 21% from 52-week high

U.S. oil prices dropped for a ninth consecutive session on Thursday, falling into a bear market, on further signs of growing supply even as data showed record Chinese oil imports. Crude prices have plunged over the last five weeks, buffeted by October’s broader market slump, signs of deteriorating demand and rising output from key producers.…

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Walmart closes on Flipkart investment

Walmart (NYSE:WMT) completes its investment to become the largest shareholder in Flipkart with a 77% stake. Walmart’s investment includes $2B of new equity funding to help accelerate the growth of the Flipkart business. Both companies will retain their unique brands and operating structures in India The company says the Flipkart investment transforms its position in…

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