Markets

Oil Price Outlook

Traders remain nervous ahead of US third-quarter data later Friday, with forecasts pointing to growth of 1.6 percent for the world's biggest economy.

Data released on Thursday provided some hope. US Labor Department figures showed initial jobless claims falling by 23,000 to 369,000 in the week ending October 20. That was better than the average estimate of 375,000.

And durable goods orders also rose 9.9 percent from August, well above the average analyst forecast of 8.0 percent.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos