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2 mins read
Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report
The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…
ANI
2 mins read
Why oil prices already at highs could surge another 10% by summer, according to BofA
Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump …
Yuheng Zhan
2 mins read
Oil prices spike as markets fear escalation of Middle East conflict amid reports of Israel bracing for attack by Iran
"If push comes to shove between Israel and Iran, $100 or more is likely," Market veteran Ed Yardeni…
Yuheng Zhan
2 mins read
Stock markets today: Indexes slip as jobless claims rise ahead of highly anticipated jobs report
Indexes edged lower Thursday as investors took in an uptick in jobless claims and simmering tension…
Kelly Cloonan
2 mins read
Red Sea turmoil is the only thing keeping oil prices as high as they are
The Red Sea chaos is actually creating a floor beneath prices, which would otherwise be dragged dow…
Aruni Soni
2 mins read
Stock market today: Indexes rally on China stimulus, promising labor-market data
Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further …
Kelly Cloonan
2 mins read
Stock market today: Indexes close at record highs and tech soars after Fed rate cut
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued t…
Kelly Cloonan
2 mins read
Stock market today: Stocks close mixed as investors gear up for major Fed rate decision
Though the S&P 500 briefly touched a new record, equities were mixed as investors remain split over…
Filip De Mott
2 mins read
Stock market today: Indexes close mixed as tech stumbles and traders brace for Fed meeting
Apple shares dropped Monday after an analyst warned of weaker iPhone 16 demand. The Fed begins its …
Max Adams
2 mins read
Stock market today: S&P 500 hits 4-day winning streak as stocks rise after latest inflation data
Indexes rose Thursday as investors took in new inflation data, with the producer price index rising…
Kelly Cloonan
2 mins read
Stock market today: Indexes rise as investors assess producer inflation and jobless claims data
Indexes rose Thursday as investors digested a slight uptick in jobless claims and the producer pric…
Kelly Cloonan
2 mins read
The 'bull is just starting': Commodities are a better bet than bonds for the rest of the 2020s, BofA says
Bank of America said commodities could generate annualized returns of 11%, nearly doubling the rece…
Matthew Fox
1 min read
Stock market today: Indexes rise as economic data outweighs Nvidia's post-earnings slide
Indexes rose Thursday as investors react to Nvidia's earnings, which showed its narrowest earnings …
Kelly Cloonan
1 min read
Oil prices briefly spike as Russia suggests more OPEC+ cuts will hit markets in 2024
But oil prices later gave up gains and turned lower, with Brent crude and West Texas Intermediate b…
Jennifer Sor
2 mins read
Oil prices are at their lowest level since August. Here's everything moving crude markets.
Factors include the Israel-Hamas conflict, production cuts from Russia and Saudi Arabia, uncertaint…
Phil Rosen
2 mins read
Stock market today: Indexes edge lower as traders hit pause on data-fueled rally
Stocks took a breather Friday after rallying on strong economic data. Investors are waiting on the …
Max Adams
1 min read
India is buying the most US oil in almost a year as sanctions on Russian energy bite
Indian refiners see more WTI Midland crude oil being used in the country in coming months, sources …
Yuheng Zhan
2 mins read
Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy
Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…
Kelly Cloonan
3 mins read
A wave of M&A means the US oil-production boom may be over
Public and private firms have very different financial priorities. For the US oil industry this yea…
Aruni Soni
1 min read
The US is refilling strategic oil reserves as fast as it can amid lower prices, but there are physical limits, Energy Department official says
"We are refilling as much as we can. We've been doing that for the last several months. And at this…