Oil slid on Thursday, dented by record U.S. crude inventories, worries about the demand outlook and a Goldman Sachs forecast that prices would remain low and volatile until the second half of the year.
U.S. stocks were set to continue the recent selloff on Thursday, with futures tumbling early premarket amid a wider global flight from risk assets. Futures for the Dow Jones Industrial Average slumped 296 points, or 1.9%, to 15,570, while those for the S&P 500 index tanked 35.45 points, or 1.9%, to 1,811.25.
The yen jumped 2 percent to its strongest in 15 months against the dollar on Thursday, with another wave of capital flows into the traditional security of Japan raising expectations of official intervention to cool the currency's rise.
- USDJPY: 112.12
- EURUSD: 1.1326
- S&P 500: 1,851.86
- NASDAQ : 4,283.6