One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.
Goldman Sachs has forecast Brent crude to average roughly $80 barrels a day this year despite elevated geopolitical uncertainties and a modest supply deficit.
Gold futures rose to their highest since the U.S. election sparked a selloff, reflecting safe-haven demand as market concerns about the Russia-Ukraine conflict intensify.
Sterling extended losses against the dollar, falling to a six-and-a-half-month low, and pared gains versus the euro after the provisional November U.K. PMI survey came in well below expectations.
Chinese shares ended lower with lackluster results from tech giants Baidu and PDD weighing on investor sentiment, along with persistent concerns about the domestic economy and the impact of potential U.S. tariffs.
The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.
The first snowfall of the season over Chicago and other swaths of Middle America and forecasts for frigid weather in the coming weeks have added fuel to the natural-gas rally, pushing prices of the power-generation and heating fuel to a new highs for the year.