Futures Movers: U.S. oil benchmark closes at 11-week high with summer driving season set to get under way
Oil futures end with strong weekly gains Friday, as the U.S. and global benchmarks finish at their highest since March.
Oil futures end with strong weekly gains Friday, as the U.S. and global benchmarks finish at their highest since March.
Stocks ended sharply higher Friday, cementing a bounce that saw the Dow Jones Industrial Average end a streak of eight straight weekly declines, while the S&P 500 and Nasdaq Composite end a run of seven consecutive weekly declines. The Dow rose around 576 points Friday, or 1.8%, to close near 33,214, according to preliminary figures. The S&P 500 rose around 100 points, or 2.5%, to finish near 4,158, while the Nasdaq advanced around 390 points, or 3.3%, to close near 12,131. The Dow rose 6.2% for the week... Читать дальше...
Stocks rallied strongly Friday with the Dow breaking a long weekly losing streak
Twitter Inc. shareholders voted Wednesday to require that the social-media company report on its policies around concealment clauses and election spending.
Some investors turned to nonfungible tokens in search of a haven among digital assets in the first quarter. However, the bets soon turned sour.
Bitcoin and other cryptocurrencies could be hazardous to your wealth --- even if you never invest in them.
Odds that some of the biggest Russian corporations will default have soared to 80%, according to pricing in credit-default swaps
Conventional wisdom is wrong about the relationship between risk and reward
Gold ends higher on Friday as investors weigh data showing the Federal Reserve's preferred measure of inflation cooled off, though still running hot, in April.
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"For those investors concerned it is too early to take the plunge in the US market, maybe buying dips in Europe and EM is a safer call"
Also, dividend stocks, signals of better times for housing and an investing mistake to avoid.
Retail gasoline prices dip with nearly 35 million Americans set to hit the road
'If you are poor and can’t afford a lawyer, you live in a different legal system than everybody else,' says CEO of Upsolve, a bankruptcy-education nonprofit.
Congressional committee launches investigation into gun manufacturers
A House committee has launched an investigation into gun manufacturers in the wake of two deadly shootings in less than two weeks, its chairwoman said Friday. Rep. Carolyn Maloney, the New York Democrat who leads the House Committee on Oversight and Reform, has asked gun makers Bushmaster Firearms Industries, Daniel Defense, Sig Sauer, Smith & Wesson Brands and Sturm Ruger for information about "their manufacture, marketing, and sales of firearms used in mass shootings," ahead of the panel's scheduled June 8 hearing on gun violence. Читать дальше...
Constellation-backed cannabis company Canopy Growth posts narrower loss but faces price compression as it works to maintain its market share in premium flower.
When Americans were firming up their Memorial Day plans one year ago, the national average was $3.04, according to AAA data.
Shares of Big Lots Inc. sank Friday, toward the sharpest selloff in more than two years, after the discount home essentials retailer reported a surprise fiscal first-quarter loss and a big same-store sales miss, as higher gas prices hurt customer spending.
Here's what Memorial Day means for U.S. financial markets.
Coronavirus Update: White House seeks to widen access to Pfizer antiviral
Credit Suisse analysts Susan Roth Katzke and Jill Shea on Friday downgraded shares of Citigroup Inc. to neutral from outperform after the stock has risen 15% from its recent lows and climbed to within 10% of their $58 a share target price. "We realize that the downside to C shares may prove more limited given a valuation within reach of prior cyclical troughs; but we believe the upside, relative to peers, will also prove more limited given the long road ahead in Citi's transformation process," analysts said. Читать дальше...
‘As more millennials reach age 40, their household formation rate will accelerate due to higher marriage rates and more stable incomes.’
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