Upward bias amid bright global outlook

TheStar Sat, Jul 29, 2017 09:50am - 6 years View Original


 

 

REVIEW: Overnight Wall Street eased the previous Friday, dragged by weak corporate earnings from industrial giant General Electric, while technology-related issues retreated from their peak owing to apparent profit-taking.

Over on the New York Mercantile Exchange, crude oil prices tumbled to US$45.77 on renewed worries about global glut after a consultancy forecast a rise in production for July.

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