US stocks fell and oil prices climbed, as concerns about rising commodity prices and uncertain progress in cease-fire talks between Russia and Ukraine weighed on investors. A selloff accelerated on Wednesday afternoon after major indexes spent much of the day narrowly in the red. That left stocks on track to lose ground in the 2022’s […]
US stocks fell and oil prices climbed, as concerns about rising commodity prices and uncertain progress in cease-fire talks between Russia and Ukraine weighed on investors. The S&P 500 slipped 0.2% in early trading Wednesday, while the tech-focused Nasdaq Composite Index lost 0.2%. The Dow Jones Industrial Average was recently down less than 0.1%. On […]
US stocks wavered and bond yields remained near their highest level in three years with investors preparing for a campaign of interest-rate increases from the Federal Reserve. The S&P 500 was up about 0.1% in early trading Monday. Last week, US stocks rebounded for a second consecutive week. The tech-focused Nasdaq Composite rose 0.5%, while […]
BlackRock founder Larry Fink declared that the Russia-Ukraine war is bringing the era of globalization to an end, but investors should keep in mind that the global economy and the financial system can’t turn on a dime, analysts say. “There is a lot of talk about countries going back to local production and the era […]
US oil refiners are once again making good money, but investors aren’t quite piling into the shares. They should be, a top energy analyst tells me. The profit boom could last through the end of the decade, helped by a price mishap that won’t be easy to fix: the giant premium Europe must pay for […]
Investors have been watching the US Treasury yield curve for inversions, a reliable predictor of past economic downturns. They don’t always agree on which part of the curve is best to watch though. “Yield curve inversion, and flatting, has been at the forefront for everyone,” said Pete Duffy, chief investment officer at Penn Capital Management […]
US stocks rebounded for a second consecutive week as investors gained confidence that the economy can withstand the escalating war in Ukraine and the Federal Reserve’s plans to lift interest rates to control inflation. The S&P 500 climbed 1.8% for the week, extending its gains over the past two weeks to 8.1%, the strongest run […]
CNN — As gas prices soared and deepened the pain at the pump this month, consumers reacted by searching for — and possibly dreaming of — more fuel-efficient vehicle alternatives. Web search interest in electric vehicles reached a record high in the US in March, according to Google Trends. While high gas prices are certainly […]
new York CNN Business — The US oil industry doesn’t appear to be in any rush to come to the rescue of Americans struggling with high gas prices. Oil company CEOs say Wall Street is to blame. Fifty-nine percent of oil executives said investor pressure to maintain capital discipline is the primary reason publicly traded […]
US stocks edged higher, putting Wall Street indexes on course to recoup some of Wednesday’s losses, while oil prices hovered near recent highs. The S&P 500 added 0.4% in early trading Thursday. The tech-focused Nasdaq Composite Index rose 0.5% and the Dow Jones Industrial Average gained 0.3%, about 100 points. US stocks declined and oil […]
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