US stock market: Amid speculation that the US oil companies would benefit from US President Donald Trump’s announcement to invest in Venezuela’s crude oil exploration, oil stocks listed on Wall Street witnessed strong buying on Monday. While most stocks finished 2% to 3% higher, the Chevron stock price rose more than 5% in the backdrop…
Contrary to fears that a US strike on Venezuela would dent stock market sentiment, major Asian markets rallied sharply on Monday. Japan’s Nikkei and South Korea’s Kospi jumped more than 3%, while China’s Shanghai Composite Index rose over 1%. The Indian stock market, however, traded in a narrow range. The Sensex opened at 85,640.05 against…
US-Venezuela conflict: The United States has taken Venezuelan President Nicolás Maduro into custody following a major military strike on the South American nation, according to US President Donald Trump. US media reports say Maduro and his wife, First Lady Cilia Flores, are being held at Brooklyn’s Metropolitan Detention Center after being flown to a New…
