US equities were undecided on Wednesday. The three benchmark indexes were mixed at the close, with the optimism over the next stimulus package being offset by the negative economic impact from the pandemic. Dow Jones declined by 0.15%, but the S&P 500 rose 0...
Wall Street surged on Tuesday as investor sentiment was buoyed by the optimism surrounding a massive stimulus bill that is more likely to be approved by the Congress. Meanwhile, investors are waiting for clues from the Fed, which is about to hold its last meeting of the year later on Wednesday...
In the commodity market, oil prices are declining on fears of tighter coronavirus restrictions in the US and Europe. Also, OPEC expects a slower recovery in demand in 2021. WTI and Brent are both down 0.74%. London required bars and restaurants to close, as the rate of infections is accelerating...
US stock indexes took different routes on Monday, with the Nasdaq managing to secure a gain. The S&P 500 and the Dow closed in the red, dragged down by Walt Disney. Dow Jones managed to update the record high before closing lower...
In the commodity market, oil prices are bullish on Monday, with Brent returning above the $50 mark. Prices are maintaining at their highest levels since the beginning of March. Both the WTI and Brent have gained over 1.1% so far...
US stocks are set to open the week higher as futures on the three benchmark indexes are rebounding after a bearish week. Investor sentiment was boosted after the US had officially green-lighted the COVID vaccine produced by Pfizer and BioNTech...
In the commodity market, crude prices extend gains after surging on Thursday above $50 for the first time since early March. Prices are boosted by vaccine optimism, as investors ignored data pointing to higher-than-expected crude supply in the US. WTI has increased by 0.50% and Brent has gained 0...
US stocks moved mostly sideways on Thursday, with the S&P 500 and the Dow closing lower for the second consecutive session. Nasdaq managed to recover and gained 0.54...
In the commodity market, oil prices are bullish on Thursday but moving sideways on larger timeframes. The crude is leveraging investor hopes that the rollout of COVID vaccines would push economic recovery. The US is expected to approve the first vaccine candidate later this week. WTI is up 0...
US equities retreated from record highs amid no progress in stimulus talks. The general bearishness was also fueled by the antitrust lawsuit filed against Facebook. Nasdaq was the worst performer of the three benchmark indexes, losing 1.94%. The S&P 500 fell 0.79%, and the Dow dropped by 0...
In the commodity market, oil prices have declined during the European morning, after a larger-than-expected increase in US inventories last week. Still, vaccine optimism provides support for crude prices. The American Petroleum Institute reported a 1...
US equities gained more confidence on Tuesday, as the S&P 500 and tech-oriented Nasdaq updated their record highs. Investor sentiment was buoyed by renewed vaccine optimism. Still, the uncertainty over further stimulus capped the rally. The S&P 500 rose 0.28%, Dow Jones added 0...
In the commodity market, oil prices have declined on Tuesday, as sentiment is damaged by a surging number of COVID cases and the introduction of new restrictions. WTI is down 0.57%, and Brent has lost 0.70%. Both brands declined by around 1% yesterday...
The US stock market was mixed on Monday, as the tech-oriented Nasdaq updated the record high, while the Dow and the S&P 500 closed in the red. Nasdaq was lifted by Facebook and Apple, though Microsoft and Google parent Alphabet capped the rally...
US stocks are poised to retreat after the opening bell, as futures on the three benchmark indexes are declining slightly during the European morning on Monday. Last week, the three indices ended at record highs on the back of stimulus talks...
In the commodity market, oil prices are declining on Monday as the number of COVID cases continues to surge globally and in the US, which is the world’s biggest oil consumer. WTI is down over 0.40%, and Brent has declined by over 0.30...
Nasdaq and the S&P 500 updated their all-time highs on Thursday, while the Dow broke above 30,000 again for a while. However, the stock indexes took different routes by the end of the session, as the S&P ended lower...
In the commodity market, oil prices are increasing to save the week, as OPEC+ members agreed to continue the production cuts to deal with a drastic decrease in demand amid a global coronavirus crisis...
In the commodity market, oil prices are declining amid a wobbling week. The WTI is down 0.42%, and Brent lost over 0.30%. OPEC+ is resuming talks regarding a potential extension of the crude production cuts after the current deadline of January 2021...
