Oil prices steadied on Thursday after their recent slide, while stocks were off to a rocky start as investors assessed the implications of deepening geopolitical tensions and mixed U.S. labour market data.
The U.S. Federal Communications Commission said on Wednesday it is exempting imports of some new models of foreign-made drones and critical components from a sweeping import ban adopted in December.
The S&P 500 and Dow Jones Industrials climbed to new highs on Wednesday but closed the session lower in the wake of patchy U.S. employment data, while bond yields, oil, and metals prices also posted notable declines.