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US recession rumblings and chart-based selling could keep oil under pressure till it breaks below $100-a barrel this week; then a wave of buying could see crude prices claw back most of what they had...
WTI crude oil has been falling, for the second straight day in a row, for six of the last eight sessions.On Friday alone, the energy commodity plunged nearly 7%—its biggest drop since...
The credibility of central bankers is on the line as they stand convicted of having ignored inflation for too long and now must try to contain it against long odds.While she is no longer chair of the...
On Friday, June 17, Wall Street finished one of its worst trading weeks since the sharp declines seen in the early days of the COVID-19 pandemic in March 2020. Broader indices tried to recover their...
Stocks on Wall Street ended modestly higher on Friday, but the major averages—S&P 500, Dow, and NASDAQ—still suffered their worst weekly loss since 2020 as investors grew increasingly...
S&P 500 has fallen for 10th out of 11 weeks SPX joins NASDAQ and Russell in bear market Dow within a hair of 20% decline Bitcoin completes massive bearish top, aiming below $10K After both the...
The bearish sentiment fueling the current downturn in the US equity markets may intensify in the upcoming week as investors continue to factor into their valuations the risk of a recession. The...
CrowdStrike has fallen out of favor as US Federal Reserve hikes interest rates CRWD is down 23.9% year-to-date amid ongoing growth stock selloff More short-term downside likely amid uncertain...
After two straight months of losses, silver seems to be moving into the green lane for June. Yet, progressing from there would mean having to snap out and stay away from its $22 stranglehold—a...
Travel and leisure stocks and exchange-traded funds (ETFs) that invest in them have not performed well in 2022. Despite loosening global COVID-19 restrictions, the toxic combination of rising fuel...
As part of a deal with an activist investor, FedEx is returning more cash to investors New CEO is more open to addressing investor concerns FedEx stock has massively underperformed rival UPS during...
During the current leg down, Bitcoin—trading at $21,220 at the time of writing—has lost a third of its value since this particular slump started on June 7. Since its November 2021 all-time...
Shares of Occidental Petroleum have more than doubled in 2022 Energy giant among top 10 holdings of Warren Buffett’s Berkshire Hathaway Long-term investors could consider buying OXY at next...
Market narrative takes a U-turn Surprise Swiss rate hike adds to market tensions Treasuries slide Key EventsThe market sell-off resumed on Thursday with futures on the Dow Jones, S&P 500, NASDAQ...
A week ago, it was described as a blast that would take about a million tonnes of liquefied natural gas exports off the market, providing some relief to US gas storage running critically below...
It's been a notably strong year for the US Dollar Index, the basket of six other currencies belonging primarily to the US's most significant trading partners. The index is used as a measure of the...
The US Global Jets ETF is down 18% this year What’s overshadowing otherwise upbeat travel demand are fuel costs and a decrease in flying capacity The next stage of growth for airlines, which...