World Stock Markets Up As Oil Prices Stabilize
May 09, 2017 at 07:55 AM EDT
(Kitco News) - World stock markets were mostly higher in overnight trading, supported by crude oil prices stabilizing early this week after last week's plunge that pushed oil prices to a 12.5-month low. Nymex crude oil futures are firmer Tuesday morning, on tepid short covering. Oil bears remain in firm near-term technical control. Gold prices are slightly lower in pre-U.S. trading Tuesday. Recent rallies in world stock markets are keeping demand tamped dow To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post World Stock Markets Up As Oil Prices Stabilize appeared first on Money Morning - We Make Investing Profitable .