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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 03, 2014
Page
13
Local stock markets report Light Sweet crude finished at 69 dollars per barrel as traders weigh output cues and demand signals. The bulletin notes steady activity across energy shares and slight shifts in futures pricing.
Energy and health care shares led gains as majors like General Motors posted sales growth and Avanir Pharmaceuticals surged after a $3.5 billion buyout plan by Otsuka. Oil slid to $66.88 a barrel while construction spending rose 1.1 percent in October, signaling cautious optimism in equities and key economies.
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