Crude Oil Dec 24 (CLZ24.NYM)
- Editor's pickYahoo Finance
Stock market news live updates: Stocks extend losses as rate worries persist; Nasdaq erases 2.6%, Dow tumbles 540 points
U.S. stocks got battered on Tuesday in a volatile start to the holiday-shortened trading week as rising bond yields, persisting rate pressures and an earnings miss by Goldman Sachs weighed on markets to mark another day of losses in equities.
- Bloomberg
Oil Jumps Higher After Hitting 8-Year High on Iraq Pipe Blast
(Bloomberg) -- Oil extended gains in Asia from the highest close since 2014 after a key pipeline running from Iraq to Turkey was hit by an explosion, taking out crucial supply from an already tight market.Most Read from BloombergMicrosoft Buys Scandal-Tainted Activision in Bet on MetaverseFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsStock Selloff Deepens as Treasury Yields Climb: Markets WrapDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketCovid-19
- Bloomberg
Key Iraq-Turkey Oil Pipeline Knocked Out By Explosion
(Bloomberg) -- A key crude pipeline from Iraq to a Turkish port on the Mediterranean Sea was knocked out by an explosion on Tuesday, adding pressure to already tight oil markets and sending prices higher. Most Read from BloombergMicrosoft Buys Scandal-Tainted Activision in Bet on MetaverseFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsStock Selloff Deepens as Treasury Yields Climb: Markets WrapDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketCovid-19
