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 […]
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 […]