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Friday saw an unexpected rise in oil prices, triggered by a Ukrainian drone strike that targeted Russia's Novorossiisk port, stopping oil exports in their tracks. With this surprising turn of events, global concerns about oil supply intensified, leading to notable increases in Brent and West Texas Intermediate crude futures.
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News and Media
Gold prices experienced a significant 3% drop on Friday, influenced by hawkish U.S. Federal Reserve remarks that dampened expectations for a December interest rate cut. Despite the dip, gold remains up for the week. This market movement reflects broader equity sell-offs and investor caution amid economic uncertainty and a lack of clear data.
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News and Media
Disney and YouTube TV reached a new deal to bring channels like ABC and ESPN back to the Google-owned live streaming platform Friday.
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News and Media
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