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Murban Crude Jumps to 4-Month High as ADNOC Curbs Supply to Asia
The price of Murban Crude, the flagship grade of the United Arab Emirates, surged to a four-month hi...
Bond Yields, Persian Gulf Outlooks Cap Wall Street Pre-Bell; Asia, Europe Off
Wall Street futures pointed largely sideways pre-bell Wednesday, as a global bond sell-off eased, an...
Gold finds support as US Dollar retreats ahead of Fed Minutes
Gold (XAU/USD) regains ground on Wednesday after falling nearly 2% on the previous day as a softer U...
Gold price slips as Iran escalation overshadows soft US PPI
The Gold price turns negative on Wednesday, even though the last two US inflation reports showed that prices are dropping, though developments in the Middle East sent energy prices higher. At the time ...
Sector Update: Energy Stocks Fall Wednesday Afternoon
Energy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index falling 1.2% and the
Permanent daylight-saving time would be a win for tourism, but other sectors have big concerns
One lawmaker points to benefits such as more time to do “outdoor leisure activities.”
Euro elevates as softer US PPI weighs on the Dollar
EUR/USD trades higher near the 1.1450 area on Wednesday as the US Dollar (USD) weakens following softer-than-expected United States (US) Producer Price Index (PPI) data.
Silver slips as hawkish Fed outlook persists despite soft US inflation data
Silver (XAG/USD) trades on the back foot on Wednesday, struggling to capitalize on a weaker US Dollar (USD) as hawkish Federal Reserve (Fed) expectations keep bears in control. At the time of writing, ...
3 Reasons MAIN is Risky and 1 Stock to Buy Instead
Over the past six months, Main Street Capital’s stock price fell to $53.23. Shareholders have lost 17.1% of their capital, which is disappointing considering the S&P 500 has climbed by 8.2%. This was ...
Indexes Wobble Near Flatline. Wall Street Is in Wait-and-See Mode.
The stock market is looking for direction, dropping into the red in midday trading following a green open. The S&P 500, Nasdaq, and Dow are wobbling at the flatline. Equities are looking for directi ...
SpaceX Stock Just Dropped Below Its IPO Price. How it Bounces Back.
Elon Musk’s rocket and AI company needs some good news. That could come Thursday with the launch of SpaceX’s reusable Starship.
Five Ways China Is Shielding Itself as the Hormuz Cease-Fire Collapses
The U.S.-Iran cease-fire that was supposed to reopen the Strait of Hormuz for good is falling apart. American forces reimposed a naval blockade on Iranian ports this week and hit dozens of targets al ...
Chip Stocks Sink, Pulling Indexes Lower
The same chipmakers that have been investors' AI darlings are some of the biggest drags on today's market. The PHLX Semiconductor Index down 4.3% today with all components in the red, according to Dow ...
Dow Jones Industrial Average toasts peak inflation, then drops the glass
The Dow Jones Industrial Average spent most of Wednesday rewarding the disinflation trade and the final two hours dismantling it.