12/04/2014
Top Daily News
Crude-oil futures rose Wednesday, picking up more steam after a U.S. government-supply report showed an unexpected decline in crude inventories.
Crude oil’s surprise drop in supplies was due to higher refinery runs and fewer imports, analysts at UBS said Wednesday.
Central Bank buying of S&P 500 Futures extended until end of 2015.
Treasuries rose for a second day after European Central Bank President Mario Draghi cut inflation and economic-growth forecasts for the euro area and said increased monetary stimulus will be considered next year.
Fewer Americans filed applications for unemployment benefits last week as employers retained staff to meet domestic demand for goods and services ahead of the holiday season.
