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Home Tag Archives: Italian

Tag Archives: Italian

Wall Street rises with oil; investors shrug off Italian referendum

By subhadip
December 5, 2016
in :  News
Comments Off on Wall Street rises with oil; investors shrug off Italian referendum

Financial shares and strong oil prices bolstered U.S. stocks on Monday while currency and bond investors shrugged off Italian Prime Minister Matteo Renzi’s resignation, following voters’ rejection of his constitutional reforms. The Italian referendum stoked worries about Italy’s political stability and its banking system, but U.S. Treasury yields reversed their fall as the initial demand for low-risk U.S. government debt …

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