Currencies

World stocks dip, oil price stabilizes after big slide

Asian stock markets were mixed Friday as investors weighed Wall Street's latest gains on strong earnings reports against the latest oil production cut, which dragged down crude prices and commodity shares.

Wall St rises on investor relief after Trump budget

Wall Street ended higher on Tuesday after the release of President Donald Trump's budget plan but gains were tempered by declines in consumer discretionary stocks amid weakness in auto-parts companies.

Stocks bounce back after Trump-related losses

Asian stocks meandered Friday following an overnight recovery on Wall Street, though investor optimism was tempered by U.S. political uncertainties and a crisis brewing in Brazil.