White House guidelines on reopening the U.S. economy and talk on what else oil titans Saudi Arabia and Russia could do for production cuts aren’t cutting it for an U.S. oil market practically swimming in crude.
The U.S. dollar drifted sideways in early trading in Europe on Friday, amid signs of increasing risk appetite in Europe as investors looked for the end of the coronavirus outbreak.
Wall Street sank in early trading to start the week Monday as concerns about the restarting of the U.S. economy and worries the OPEC+ oil deal won’t be enough to counter demand destruction brought out sellers.
Travelers (NYSE:TRV) Stock fell by 3.18% to trade at $106.16 by 11:06 (15:06 GMT) on Monday on the NYSE exchange.
Facebook (NASDAQ:FB) Stock fell by 3.08% to trade at $169.81 by 11:05 (15:05 GMT) on Monday on the NASDAQ exchange.