Values for U.S. oil soared Sunday evening, driving prices above $125 a barrel in electronic trade as discussions about a ban on Russian oil heated up. Secretary of State Antony Blinken said Sunday the...
Tag: Commodity/Financial Market News
U.S. stock futures sink Sunday as U.S. and its allies consider ban on Russian oil imports
U.S. stock-index futures fell sharply after trading began late Sunday, as investors remain rattled by the ongoing war in Ukraine. Dow Jones Industrial Average futures YM00, -0.95% slid more than 300 p...
At Ford, the Chip Shortage Isn’t Getting Any Better. There Are More Output Cuts.
Text size The Ford company logo is displayed on a sign outside of the Chicago Assembly Plant on February 03, 2021 in Chicago, Illinois. Scott Olson/Getty Images The semiconductor shortage that is cons...
Broadcom Earnings Are Good News for Nvidia Stock. Here’s Why.
Broadcom chip G0d4ather/Dreamstime.com Text size Broadcom stock is jumping after the company reported stronger-than-expected earnings—and that could be good news for shares of Nvidia and other chip co...
The Russia-Ukraine war is fueling the ‘biggest supply shock to global grain markets’ in living memory
Wheat futures have surged by more than 40% over the last five days, on track for the biggest weekly rise since at least 1959 as Russia’s invasion of Ukraine crimps exports of the crucial food grain an...
‘We need to increase oil & gas output immediately,’ Elon Musk says as Ukraine crisis jolts U.S. crude to 2008 high
Elon Musk voiced an unusual stance for an electric-vehicle executive on Friday. Tesla Inc.’s TSLA, -0.12% chief executive said the U.S. needs to immediately increase production of oil and gas in a twe...
Apple Stock Has Had a Tough Year. That Could Soon Change.
Text size Tech stocks like Apple have had a tough start to the year, but a turnaround could be coming. Sascha Steinbach/Getty Images for Apple Apple stock and the rest of big tech have faced a difficu...
The Commodities Boom Is Here. How to Invest With Funds.
Global supply-chain constraints have led to worldwide shortages, abnormal weather is hurting crop yields in major agricultural regions, and inflation has made real assets like commodities an attractiv...
Stock Market: The Worst Is Yet to Come. So Is a Swift Snapback.
Text size Traders at the New York Stock Exchange on Monday, Feb. 28. Michael Nagle/Bloomberg It’s the end of the world as we know it. The stock market, however, isn’t going anywhere. The last full tra...
13 Stocks That Have Too Much Russian Exposure—and 6 Stocks That Could Benefit
Text size Photo by MANDEL NGAN/AFP via Getty Images U.S. companies are fleeing Russia, something that could create headwinds going forward. For companies in countries that haven’t imposed sanctions, h...
The end (of the stock market correction) may be near
The end of the stock market’s correction may be near. That’s because I just received an email from a prominent money manager declaring that “buy and hold is dead.” Like the first robin of spring heral...
As Russia presses its war with Ukraine, here are 10 aerospace and defense stocks expected to rise up to 39%
No matter when the shooting stops and Russia’s war in Ukraine comes to an end, it seems clear from actions taken by European countries that we’re entering a period of increased defense spending. Below...
U.S. stock futures sink as Russia attacks Ukraine’s largest nuclear plant
U.S. stock-index futures tumbled late Thursday after reports that Europe’s largest nuclear power plant, in Ukraine, was on fire after Russian shelling, raising fears of an unprecedented nuclear disast...
Splunk stock shows volatility following surprise profit, new CEO
Splunk Inc. rallied at first in the extended session Wednesday but then shed those gains, dipping into negative territory, as the cloud-based enterprise software company reported a surprise profit, to...
The Stock Market Has Gotten Crushed. Why the Pain Isn’t Over.
Text size The Fed and Ukraine crisis are two negative catalysts for stocks going forward. Dreamstime The S&P 500 is down about 9% from its all-time high, hit in early January. And the pain might n...
Why Does the U.S. Buy Russian Oil?
The fracking boom made America the world’s biggest oil producer a few years ago, but the U.S. still imports millions of barrels each day from other parts of the world, including Russia. Here is a look...
Putin signs decree to prohibit leaving Russia with more than $10,000 in foreign currency
Russian President Vladimir Putin on Tuesday signed a decree that prohibits taking more than $10,000 worth of foreign currency in cash and “monetary instruments” out of Russia. The move comes in respon...
Dow falls nearly 600 points as Russia says it will begin attacks on Kyiv
U.S. stocks traded lower near midday Tuesday as Russia stepped up attacks on Ukraine and warned it would begin “high-precision” strikes on the capital, Kyiv, as its invasion enters a sixth day. What’s...
Opinion: Gold prices have been surging, but the rally is on shaky ground
Gold’s path of least resistance over the near term is down. That’s because the gold market timing community is overwhelmingly bullish right now. That’s a bad sign from a contrarian point of view. It m...