US stocks fell on Thursday as Wall Street parsed comments from Federal Reserve Chair Jerome Powell while monitoring a key milestone for a closely followed bond yield. The S&P 500 slipped 0.2%, while the Nasdaq Composite shed 0.3%. The Dow Jones Industrial Average lost 21 points, or 0.1%. Powell said …
Read More »US stocks surge with main focus on corporate earnings
Wall Street’s main indexes advanced on Monday as investors awaited key economic data and major corporate earnings this week for clues on the U.S. economy and monitoring the Israel-Hamas conflict. Long-dated US Treasury yields gained as the United States sought to prevent an escalation in tensions, with Secretary of State …
Read More »Goldman Sachs: Traders expected to buy S&P 500 under whatever scenario
US stocks are rising. Bonds are rising as markets reopen following a holiday, in part because investors are seeking safe haven after the escalation of Middle Eastern tensions. However, given that more speakers are scheduled for Tuesday, two Fed officials on Monday discouraged interest rate increases.Investors, particularly oil speculators, will …
Read More »Oil declines due to fears of supply disruption as the Middle East conflict continues
Oil prices fell slightly on Tuesday after rising more than four percent in the previous session as markets assessed the possibility of supply disruptions as the conflict between Israel and the Islamic Resistance Movement (Hamas) continued. By 0017 GMT, Brent crude fell 18 cents, or 0.2 percent, to $87.97 a …
Read More »Oil jumps more than $4 as markets are affected by violence in the Middle East
Oil prices rose more than three percent on Monday, as clashes between Israel and the Palestinian Islamic Resistance Movement (Hamas) raised fears of a broader conflict in the Middle East. By 1143 GMT, Brent crude rose $2.70, or 2.2 percent, to $87.28 per barrel, while US West Texas Intermediate crude …
Read More »Oil jumps more than $4 as markets are affected by violence in the Middle East
Oil prices jumped more than $4 a barrel in early Asian trading on Monday, as political uncertainty worsened across the Middle East following the outbreak of violent clashes between Israeli forces and Hamas over the weekend. The rise in oil prices came to reverse the downward trend last week, which …
Read More »US stocks rally following robust NFP data
After the release of stronger-than-expected US jobs data and a spike in Treasury yields, stocks rose on Friday. The Nasdaq Composite surged 1.7%, the S&P 500 added 1.4%, and the Dow Jones Industrial Average increased by 414 points, or 1.2%. With wages growing less than anticipated last month, the Labour …
Read More »US stocks steady amid NFP countdown
US stocks have shown relatively steady performance as investors await the September jobs report. Wall Street stocks recovered ground on Thursday, finishing just below the flatline after breaking a three-day losing streak on Wednesday. The S&P 500 and the tech-heavy Nasdaq Composite were down a modest 0.1%. A pullback in …
Read More »Oil prices rise after OPEC+ maintains production cuts
Oil prices rose in early trading on Thursday, compensating for part of the large losses incurred in the previous session after the OPEC+ Joint Ministerial Monitoring Committee maintained oil production cuts, meaning a continued supply shortage amid fears of an imminent decline in global economic growth. Brent crude futures rose …
Read More »Oil fell amid fears of rising interest rates and ahead of an OPEC+ meeting
Oil prices fell on Wednesday ahead of a meeting of a committee of OPEC+ ministers as the market balanced expectations of supply shortages with fears that higher interest rates would reduce demand for oil. Brent crude futures fell six cents to $90.86 a barrel by 0345 GMT, while US West …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations