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Browsing: Business
US stock indices closed higher in New York as the Dow topped 52000 and technology shares led gains across Wall Street.
Brent crude rose to $72.49 a barrel as WTI gained to $69.96, keeping oil prices in focus across global energy markets.
The Nasdaq fell for a fifth straight session as US stocks closed lower, with technology and chip shares driving the weekly decline.
Apple and Microsoft are raising Mac, iPad and Xbox prices as AI demand tightens memory chip supply and lifts storage costs worldwide.
EU lawmakers completed a tariff package for US goods, with measures covering industrial imports, seafood, agriculture and lobster trade.
Congress approved a housing bill with a Federal Reserve digital dollar ban through 2030, placing CBDC policy and crypto stocks in focus.
Bitcoin traded below $62,500 as ETF outflows, weak spot demand and options data kept pressure on the wider crypto market, with Ether lower.
Brent crude rose to $78.15 a barrel and WTI reached $74.19 as global oil markets tracked supply data, refinery demand and Hormuz flows.
Gold prices rebounded from a one-week low as oil fell, but dollar strength and Fed rate expectations kept pressure on bullion markets.
Brent crude rose to $81.66 as supply concerns, Hormuz shipping focus and lower inventories kept global oil markets volatile on Monday.
