Oil, Crude, trading
Read More »Wall Street Attempts To Rebound
US stocks fluctuated on Tuesday and the 3 main indices were on track to recover from early losses as investors followed Fed Chair Senate confirmation hearing which strengthened the case for tightening to tame inflation although Powell predicted a “long road to normal” in monetary policy.The US inflation report due …
Read More »Dow Jones Resumes The Decline 10/1/2022
Oil, Crude, trading
Read More »Dow Jones Resumes Decline Ahead of US Employment Data 7/1/2022
Oil, Crude, trading
Read More »US Shares Fall Sharply on Hawkish Fed, Canadian Shares Track Wall Street Lower
US stocks ended sharply lower on Wednesday after the FOMC minutes showed the Fed will likely raise rates sooner than earlier anticipated and could reduce its balance sheet shortly after it raises rates. The Dow Jones sank 393 points or 1.1% to 36407, after closing at a record level the …
Read More »S&P 500 Passively Performing Ahead of Fed Minutes
The S&P 500 is a little lower but trading within recent ranges under 4800 ahead of the Fed minutes release. Growth continues to underperform value, meaning the Nasdaq 100 is performing poorly while the Dow is holding up better.US shares are mixed in the run-up to the release of the …
Read More »Dow Jones Touches Goal, Eyes on The Fed 5/1/2022
Oil, Crude, trading
Read More »Wall Street Surges, But Tempered By Dipping Tech Stocks
Stocks edged higher in morning trading on Wall Street Tuesday as traders gear up for economic reports and company earnings to resume after the year-end holidays.The S&P 500 rose 0.3% as of 10:20 a.m. Eastern. The Dow Jones Industrial Average rose 299 points, or 0.8%, to 36,883 and the tech-heavy …
Read More »Dow Jones Extends Its Gains 4/1/2022
Oil, Crude, trading
Read More »Weekly Recap 27-31 December
US Vice President Kamala Harris defended the Build Back Better (BBB) stimulus plan during an interview on CBS’ “Face The Nation” TV show. Harris stressed inflation and coronavirus as major concerns and top priorities in 2022. “The United States must address the rising cost of consumer goods”, she added.Risk sentiment …
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