West Texas Intermediate traded near the lowest closing price in two years after government data showed crude stockpiles gained more than forecast in the U.S., the world’s biggest oil consumer. Brent fell in London.
Kelly Gilblom, Angela Greiling Keane and Toluse Olorunnipa12:00 am ET
Health officials rolled out plans to monitor people arriving in the U.S. from West Africa for Ebola for 21 days, and President Barack Obama said he’s now “cautiously more optimistic” the U.S. can contain the virus.
Nokia Oyj reported earnings topping analysts’ estimates as rising network spending by phone carriers in the U.S. and China helped the Finnish equipment maker to its first quarter of sales growth since 2011. The stock jumped.
Daimler AG, the world’s third- largest maker of luxury vehicles, reported third-quarter profit that exceeded analyst predictions as deliveries of the top-of- the line Mercedes-Benz S-Class more than doubled.
Hurricane Gonzalo, which hit Bermuda last week, will probably cost insurers $200 million to $400 million after damaging roofs and boats yet leaving resorts mostly unharmed, modeling firm AIR Worldwide said.