| | Wall St. up for sixth straight week despite oil rout | NEW YORK (Reuters) - U.S. stocks ended mostly flat in a holiday-shortened session on Friday as a massive decline in the energy sector offset strength in consumer names, but major indexes rose for a sixth straight week. | | | | | U.S. crude down 10 percent post-OPEC, Brent breaks below $70 | NEW YORK (Reuters) - U.S. crude tumbled 10 percent in its biggest one-day drop in more than five years on Friday, and benchmark Brent broke below $70 a barrel, as OPEC's decision not to cut output sent oil traders and analysts scurrying to find a new trading floor. | | | | | | Billions wiped off energy shares as investors rush for exit | LONDON (Reuters) - A fresh slide in the price of crude wiped tens of billions of dollars off oil companies' market value on Friday and signalled an end to the sector's safe-haven status, as fears mounted over future profits and dividend payouts. | | | | | | Exclusive: Einhorn - raising new money as performance lags | BOSTON (Reuters) - Superstar investor David Einhorn is raising cash for the first time since 2012 following three straight years of lagging performance - and some customer redemptions from his $10 billion hedge fund, Greenlight Capital. | | | | | | Black Friday shopping crowds thin after Thanksgiving rush | WEST HARTFORD, Conn./CHICAGO (Reuters) - Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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