Oil stockpiles data takes the wind out of equities' sails
Oil shares were driving the markets forward, until the Department of Energy spoiled the party with its weekly stockpiles report; now energy shares are struggling to hold on to gains.
Company
NYSE:BUD
Anheuser-Busch InBev SA/NV is a brewing company. The Company produces, markets, distributes and sells a balanced portfolio of approximately 200 beer brands. These include global flagship brands Budweiser, Stella Artois and Beck’s; multi-country brands, such as Leffe and Hoegaarden, and many local champions, such as Bud Light, Skol, Brahma, Quilmes, Michelob, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske and Jupiler.
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Oil shares were driving the markets forward, until the Department of Energy spoiled the party with its weekly stockpiles report; now energy shares are struggling to hold on to gains.
Stocks are set to follow the lead of markets in Europe and Asia, and open higher.
Investments and investor services
Oil companies have lit a fire underneath the US benchmarks
This bid's for you ... The two brewers are reported to have begun merger talks.
U.S. stocks inched lower late before the close of trading today as a jump in bond yields weighed on utilities, but optimism that Greece may be close to a deal with its creditors limited losses. The S&P 500 (INDEXSP:.INX) was little chan