Tag: Commodity Markets

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Markets

US stocks futures swing higher as S&P 500 fights off bear market territory

US stocks futures swing higher as S&P 500 fights off bear market territory

US stock futures were pointing to a higher start for Wall Street at the end of a volatile week, after Federal Reserve Chairman Jerome Powell cooled speculation about the potential for 75-basis point rate hikes. How are stock-index futures trading? S&P 500 futures ES00, +1.20% rose 1.1% to 3,971 Dow Jones Industrial Average futures YM00, […]

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Markets

Oil prices come under renewed pressure as market looks for direction

Oil prices come under renewed pressure as market looks for direction

Oil prices traded lower on Thursday, reversing some of the previous day’s gains as the commodity market tries to find its footing amid a demand and supply tug of war. price-action West Texas Intermediate crude for June delivery CL00, -1.59% CLM22, -1.59% CL.1, -1.59% fell around $1.84, or 1.8%, to $103.78 a barrel. The contract […]

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Markets

Stock Futures Fall Ahead of Producer-Price Data

Stock Futures Fall Ahead of Producer-Price Data

May 12, 2022 3:40 a.m. ET US stock futures slipped ahead of producer-price figures, a day after consumer-inflation data showed signs of moderating but still came in ahead of economists’ expectations. Futures on the S&P 500 were down 0.5% and futures on the Dow Jones Industrial Average slipped 0.4%. The contracts don’t necessarily predict market […]

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Economy

Gas prices jump to fresh record highs

Gas prices jump to fresh record highs

New York CNN Business — In another blow to the US economy, prices at the pump soared to fresh record highs. The national average price for regular gasoline climbed more than four cents on Tuesday to $4.37 a gallon, according to AAA. That takes out the previous record of $4.33 set on March 11. The […]

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Markets

No, the markets are not panicking about inflation

No, the markets are not panicking about inflation

If you’ve turned on a TV, listened to the radio, or surfed internet news sites recently you’ve almost certainly heard that there is a crisis, and a panic, about inflation. You’ve been told it’s the reason the Federal Reserve is jacking up interest rates. It’s the reason the stock market has been plunging. It’s a […]

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Economy

Here’s a list of 50 companies that are well-armed to beat back inflation

Here's a list of 50 companies that are well-armed to beat back inflation

Another turnaround Tuesday may be in the cards after a litany of concerns including stagflation dragged the S&P 500 SPX, +1.00% below 4,000 for the first time since 2021. As investors try to regroup from the worst three-day stock stretch in two years, one more hard day of selling for the S&P might be a […]