© 2024 Blaze Media LLC. All rights reserved.
Well, we’re in week two of sequestration. Here’s what’s shaking:
Stocks:
Wall Street stock futures are signaling a declining Dow after six straight days of gains that pushed the index to a series of all-time highs.
Dow Jones industrial futures fell 18 points to 14,363. S&P 500 futures are down 3 points at 1,550. Nasdaq futures are down 6 points at 2,802.
Shares in Europe were weighed down by renewed worries about the region's struggling economies.
With little on the economic calendar in Europe and the U.S. Monday, stocks may be sluggish, especially after last week's historic run. Last week was capped with a government report showing the U.S. unemployment rate fell to 7.7 percent in February from 7.9 percent in January.
Oil:
Benchmark oil for April delivery is down 32 cents to $91.63 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.
Recent gains by the dollar against the Japanese yen and the euro also put pressure on oil prices. A stronger dollar makes oil a less enticing investment for traders using those other currencies, since oil is traded in dollars.
Brent crude, used to price many kinds of oil imported by U.S. refineries, was down 76 cents to $110.09 a barrel on the ICE Futures exchange in London.
Markets:
Follow Becket Adams (@BecketAdams) on Twitter
The AP contributed to this report. Featured image Getty Images.
Want to leave a tip?
We answer to you. Help keep our content free of advertisers and big tech censorship by leaving a tip today.
Want to join the conversation?
Already a subscriber?
more stories
Sign up for the Blaze newsletter
By signing up, you agree to our Privacy Policy and Terms of Use, and agree to receive content that may sometimes include advertisements. You may opt out at any time.
© 2024 Blaze Media LLC. All rights reserved.
Get the stories that matter most delivered directly to your inbox.
By signing up, you agree to our Privacy Policy and Terms of Use, and agree to receive content that may sometimes include advertisements. You may opt out at any time.