S&P 500 Finally Pulls Back, Nasdaq Hits Fifth Closing High | Market Story
The S&P 500 and Nasdaq hit all-time closing highs in the past four sessions, but today the market was overall lower.
Has the Pullback Finally Come? | Herd on Wall Street Podcast
Morning mooers! It is finally Friday, June 14th. The market may actually pull back today after the S&P 500 and Nasdaq hit closing highs for the past four sessions.
Consumer Sentiment Hits Seven-Month Low, Inflation Expectations Worsen
U.S. consumer sentiment fell to a seven-month low in June, as long-run inflation expectations rose, adding to signs of financial stress seen among lower-income households reeling from high prices.
WTI Oil Price Analysis: Closing in on Cluster of Resistance in the $79.00s
The persistence of the short-term uptrend will depend on a decisive break of this resistance barrier.
There are signs of tightening supply and increasing prices in the European diesel market.
The European diesel market is showing signs of tightening.
WTI Holds Its Position Above $77.50 Due to Optimistic Demand Forecasts
WTI Oil price retraces its recent losses due to optimistic forecasts regarding crude demand for the remainder of 2024.
S&P 500 and Nasdaq Hit Fourth Record Close | Wall Street Today
The market climbed Thursday, while the S&P 500 and Nasdaq closed at their fifth record closing highs in a row.
Market Advances and Holds High, PPI Shows Pullback Thursday
As a recap just past 10 AM EST, the $S&P 500 Index(.SPX.US)$ was climbing toward retaking yesterday's all-time high, up 0.12%. The $Dow Jones Industrial Average(.DJI.US)$ fell 0.66%, and the $Nasdaq C
WTI Stays Timid Around $78.00 Ahead of US PPI
WTI Oil price remains steady ahead of the release of US producer price figures on Thursday.
Going against Goldman Sachs! Citigroup is bearish on oil prices, predicting a fall to $74 in the fourth quarter.
Citigroup's latest report paints a bleak picture of the oil market.
Crude oil trade reminder: Middle East tensions push up oil prices, but the Federal Reserve's attack has hit bullish morale.
Oil prices rose and fell on Wednesday, supported by continued tensions in the Middle East. Earlier in the day, oil prices rose nearly 2% to a two-week high, but closed mostly higher as the Federal Reserve's two-day meeting ended with a statement indicating that interest rate may not be lowered until December.
Energy Aspects: It is unlikely that OPEC+ will increase oil production in 2024.
Founder of Energy Aspects, a third-party energy research and advisory institution, Amrita Sen, said that if global demand does not increase, OPEC+ member countries may not need to increase oil production later this year.
Crude Oil Rally Stumbles After Fed Leans Away From Rate Cuts, WTI Falls Back Below $78
Crude Oil markets rose on Wednesday before trimming gains post-Fed.
Third Day of Index Records, FOMC Said One Cut Coming This Year | Wall Street Today
Morning mooers! It is Wednesday, June 12th: FOMC rate decision day! The market was lower overall but hit all time highs in the S&P 500 and Nasdaq yesterday, while Apple climbed high after its AI tech showcase.
Fed's Powell Highlights 'Uncertainty' That Makes it Difficult to Predict Rate Cuts
Federal Reserve Chair Jerome Powell highlighted the economic data uncertainty that makes it difficult for policy makers to predict exactly when they will start cutting interest rates.
Live Blog: Fed's Powell Sees Increasing Financial Pressures on Lower Income Households
. Federal Reserve Chairman Jerome Powell said policy makers said progress in inflation paused in the first quarter, prompting policy makers to rethink the proje
FOMC Leaves Rates Unchanged, But Signals One Cut this Year
Wednesday, the Federal Open Market Committee left the target Federal Funds Rate unchanged at 5.25%-5.50%. In a statement released just at 2 PM, the committee said inflation has eased, but it can only
New Energy Forecast Points to Cheaper Oil -- and Gasoline -- Barrons.com
There is more oil being produced today than is being used in many parts of the world, which is one reason prices for both crude and gasoline have been weak. Average national gas prices are at $3.45 per gallon, down 17 cents from a month ago and 14 cents from a year ago, according to AAA.
Citigroup Analysts Paint Bearish Picture for Global Crude Oil Prices -- OPIS
Citigroup's global commodities team on Wednesday said crude oil has missed out on what has been a "spectacular year for some commodities" and has been mostly range bound with volatility at about 10 year lows.
Fed Rate Day Sees Record High Market So Far | Herd on Wall Street Podcast
Morning mooers! It is Wednesday, June 12th: FOMC rate decision day! The market was lower overall but hit all time highs in the S&P 500 and Nasdaq yesterday, while Apple climbed high after its AI tech showcase.