Peter Schiff Says Real Reason Gold Prices Are Rising Is Because ‘High Inflation Is Here To Stay’
Peter Schiff, chief economist and global strategist at Euro Pacific Capital, says the real reason gold prices are…
Crude Oil Rises Over 2%; Cutera Shares Plummet
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 80 points on Wednesday.
The Dow traded down 0.12% to 33,643.89 while the NASDAQ fell 0.67% to 11,951.16. The S&P 500, also fell, dropping, 0.33% to 4,095.41.
Nasdaq Edges Higher; US Crude Oil Inventories Increase Last Week
U.S. stocks traded higher midway through trading, with the Nasdaq Composite trading higher on Wednesday.
The Dow traded up 0.35% to 33,802.08 while the NASDAQ rose 0.10% to 12,043.72. The S&P 500, also rose, gaining, 0.25% to 4,119.23.
Oil Hits 18-Week Highs After US Inflation Data Print; Granholm Open To SPR Refills
Oil prices climbed in Wednesday's session, with a barrel of WTI crude reaching $82.50, after the Bureau of Labor Statistics reported lower-than-expected inflation in March and following remarks by the U.S.
Dow Surges Over 100 Points; US Inflation Rate Slows In March
U.S. stocks traded higher this morning, with the Dow Jones gaining over 100 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.37% to 33,807.85 while the NASDAQ rose 0.04% to 12,036.34. The S&P 500, also rose, gaining, 0.21% to 4,117.61.
Canary CEO Dan Eberhart Slams Biden Administration For Missing ‘Golden Window’ To Replenish Strategic Petroleum Reserve
Canary LLC Chief Executive Officer Dan Eberhart has reportedly criticized President Joe Biden’s administration for its failure to…
Dow Surges Over 150 Points; Innovative Eyewear Shares Spike Higher
U.S. stocks traded mostly higher toward the end of trading, with the Dow Jones gaining over 150 points on Tuesday.
The Dow traded up 0.49% to 33,751.82 while the NASDAQ fell 0.05% to 12,077.79. The S&P 500, also rose, gaining, 0.31% to 4,121.98.
Exxon’s Latest Move Could Launch A Landgrab In The Oil Patch
On Friday, The Wall Street Journal reported that Exxon Mobil (NYSE: XOM)—the largest U.S. oil company—is eyeing a deal to acquire independent energy firm Pioneer Natural Resources (NYSE: PXD).
Stock Upgrade: Murphy Oil’s Production Estimates Higher Than Peers, According To Analyst
Truist Securities upgraded Murphy Oil Corporation (NYSE:MUR) from Hold To Buy with a price target of $56, up from $49. The analyst…
Glencore’s Revised Proposal For Teck Resources: Unlike To Engage Key Shareholders, Analyst Says
Teck Resources Limited (NYSE:TECK) confirmed receiving a revised acquisition proposal from Glencore plc. Glencore’s revised proposal appears unchanged, except for a cash…