US stock indices showed a decline in premarket activity as investors await important events this week, including Federal Reserve Chairman Jerome Powell’s congressional testimony.
Oil prices remain stable amidst increasing US inventory levels.
Oil prices show minimal fluctuation in response to recent market data, including the growth of US stockpiles.
Oil prices settle higher, recording weekly increase due to tight supply and Middle East tensions.
On Friday, oil prices closed higher, marking an approximate 6% increase week-over-week. This surge was influenced by growing concerns over supply disruptions from the Middle East and tightened markets for
US drillers reduce oil and gas rigs for the first time in three weeks, according to Baker Hughes
This week, U.S. energy companies reduced the number of operational oil and natural gas rigs for the first time in three weeks, as reported by energy services firm Baker Hughes
Wall Street set for a gradual beginning in a hectic week when markets open
The leading US stock indices are gearing up for a muted beginning to the week, in anticipation of several key events, including the Federal Reserve’s decision on interest rates.
Wall Street is set for a uptick following a lackluster beginning to 2024.
The initial days of 2024 saw Wall Street falter, with the S&P 500 experiencing its most significant two-day downturn since late October, as investors cashed in on profits following last
The FTSE 100 is set to open on a positive note, with AstraZeneca announcing a significant acquisition of $1 billion.
The FTSE 100 was poised for a favourable start as London’s market resumed trading following the Christmas break.
Wall Street exhibits muted activity following Thanksgiving holiday
US stock indexes showed minimal movement in early trading before a brief session due to Thanksgiving.
US markets are open and it is a cautious start to the day on Wall Street
US stock markets commenced trading cautiously today, anticipating the release of the latest Federal Reserve meeting minutes and reacting to a variety of earnings reports from major retailers.
U.S. drillers have reduced the number of oil and gas rigs to the lowest level since February 2022, according to Baker Hughes.
This week, U.S. energy companies reduced the count of active oil and natural gas rigs to the smallest number since February 2022, as reported by energy services company Baker Hughes
Wall Street to commence trading on a positive note following the FED decision to maintain its interest rates.
The leading stock indexes on Wall Street are expected to start the trading day on an upward trajectory, fueled by optimism that the U.S. Federal Reserve may have concluded its
Turmoil in the Middle East has the potential to drive the price of oil up to $150 per barrel.
The World Bank has issued a cautionary statement, indicating that oil prices might skyrocket to over $150 per barrel if the current hostilities in Gaza, led by Israel, escalate into