Wall Street was moderately upbeat last week, with the S&P 500 advancing 0.5%, the Dow Jones growing 1.2% and the Nasdaq Composite inching up 0.2%. The week was quite eventful, marked by the Fed meeting,...
Gold bulls should be aware of some of the market shifts happening right now, as a potential pullback could be in the works for them.
US oil prices (USO) steadied in the $60s this morning after starting the session at their lowest in two months, as declining crude inventories provided a counterbalance to a gloomy economic outlook. Despite...
The global stock market is threatened by renewed escalation in trade war. This is especially true as President Donald Trump levied 25% tariffs on Canada and Mexico and 10% on China this weekend, citing...
On Thursday, West Texas Intermediate futures maturing in March 2025 traded nearly 0.5% lower, while Brent futures maturing in the same month were down almost 0.4%.
President Trump has been drumming, "Drill, Baby, Drill!" He will most likely lower oil and refined product prices in time. But how long will that take? Mother nature, consumer spending, and habits dominate...
For investors seeking momentum, United States Oil Fund USO is probably on radar. The fund just hit a 52-week high and is up 27.7% from its 52-week low price of $66.02/share. But are more gains in store...
Market uncertainty fuels investor interest in gold and oil as safe havens, driving significant gains in related ETFs.
After a consecutive two-year annual decline, oil prices regained momentum to start 2025. Brent topped $81 per barrel following additional sanctions on Russia’s oil sector, which has threatened oil supplies....
Wall Street was downbeat last week, with the S&P 500 losing 0.7%, the Dow Jones shedding 1.1%, and the Nasdaq falling 0.6%. A spike in U.S. Treasury yields, driven by the release of upbeat jobs data, contributed...