Tag: Health

US Stocks Extend Yearslong Winning Streak
US Stocks Extend Yearslong Winning Streak

Investors are piling back into US stocks, betting that the domestic equity market can withstand new economic headwinds better than other parts of the world. The US, by contrast, is less reliable on Russian oil, while counts of Covid-19 patients admitted to hospitals have fallen substantially. And many investors believe the US economy entered the […]

Stocks Climb As Fed Raises Interest Rates
Stocks Climb As Fed Raises Interest Rates

US stocks climbed and bond yields jumped Wednesday after the Federal Reserve officially said it would raise interest rates for the first time since 2018. The S&P 500 was up 1.3% in recent trading. The tech-focused Nasdaq Composite advanced 2.4%, and the Dow Jones Industrial Average rose 0.5%. The indexes initially pared their gains in […]

Oil suffers ‘spectacular’ collapse, enters bear market just 5 days after settling at nearly 14-year highs
Oil suffers ‘spectacular’ collapse, enters bear market just 5 days after settling at nearly 14-year highs

US and global benchmark crude oil officially entered a bear market on Tuesday, just five trading days after they settled at their highest prices since 2008. “The collapse has been spectacular,” Fawad Razaqzada, market analyst at ThinkMarkets, in a market update. On Tuesday, the front-month April West Texas Intermediate crude futures contract CL.1, -7.18% CLJ22, […]

Oil suffers ‘spectacular’ collapse, falls into bear market territory just 5 days after settling at nearly 14-year highs
Oil suffers ‘spectacular’ collapse, falls into bear market territory just 5 days after settling at nearly 14-year highs

US and global benchmark crude oil entered bear market territory on Tuesday, just five trading days after they settled at their highest prices since 2008. “The collapse has been spectacular,” Fawad Razaqzada, market analyst at ThinkMarkets, in a market update. In Tuesday dealings, the front-month April West Texas Intermediate crude futures contract CL.1, -5.81% CLJ22, […]

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