Light sweet crude settles at 39.44 a barrel
Market report notes light sweet crude oil closes at 39.44 dollars per barrel amid cautious trading. Investors weighed supply concerns and global demand signals as prices edged higher on the day.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Mar 22, 2016
Page
13
Market report notes light sweet crude oil closes at 39.44 dollars per barrel amid cautious trading. Investors weighed supply concerns and global demand signals as prices edged higher on the day.
U.S. stocks trimmed early losses to end higher in afternoon trading led by telecommunications and health care. Starwood and Valspar jumped on buyout and acquisition talks while housing data showed a 7.1 percent drop in sales of existing homes, weighing on builders.
Apple debuts four inch iPhone SE and a smaller iPad Pro as it seeks new buyers amid slowing smartphone sales. The event, held in Cupertino, positions the SE as affordable at 400 dollars and highlights faster camera and processor upgrades. CEO Tim Cook notes regulatory tensions over encrypted iPhones as analysts predict broader use of Apple Pay Music and App Store with the new devices.
Report from Narrows Livestock Auction Market Inc in Narrows Virginia details March 19 auction results with 194 head stock feeder cattle sold across weight ranges. steers 200-400 lbs to 805+ lbs, heifers 200-400 lbs to 805+ lbs. slaughter cattle including cows, canners, and bulls. 54 sheep lambs 90-115 lbs. goats 5-195. hogs 2. baby calves 7 returned to farm. cows with calves six pairs and bred cows/heifers ten head sold.
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