European Stocks Close Higher

European stocks closed higher at the end of Tuesday’s trading , as global markets remained optimistic about the possibility of the Federal Reserve (the US central bank) cutting interest rates at a significant pace.

The European Stoxx 600 index closed…

Oil Prices Rise at US Market Close

Oil prices rose at settlement at the end of Wednesday’s trading, following the announcement of a decline in crude oil and gasoline inventories in the US last week.

Brent crude futures rose by 42 cents, or 0.5 percent, to reach $85.08 per barrel upon …