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Nasdaq Stocks

Nat-Gas Prices Continue Lower on Bulging Inventories

2 years 7 months ago
April Nymex natural gas (NGJ24 ) on Tuesday closed -0.045 (-2.56%), the fifth consecutive session of losses. Nat-gas prices on Tuesday fell on bulging U.S. inventories that are 30.9% above their 5-year seasonal average. Nat-gas prices fell even though forecasts turned a bit cooler. Atmospheric G2 said a cold front...
Barchart

Stocks Rally as Core CPI Slips to 2-3/4 Year Low

2 years 7 months ago
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.49%. Stocks rallied after the U.S. CPI report was not as bad as some...
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ANALYSIS-Biden-Netanyahu rift raises questions about US weapons to Israel

2 years 7 months ago
A deepening rift between President Joe Biden and Israeli Prime Minister Benjamin Netanyahu over Gaza red lines has set up a potential showdown between the two leaders and raised questions about whether the U.S. might restrict military aid if Israel goes ahead with a ground offensive in the south of the enclave.
Reuters

Dollar Rises Slightly After Hawkish U.S. CPI Report

2 years 7 months ago
The dollar index (DXY00 ) on Tuesday rose slightly by +0.07% on the slightly hawkish CPI report. The dollar index also saw support from Tuesday’s +5.3 bp rise in the 10-year T-note yield, which improved the dollar’s interest rate differentials. The dollar index saw support after the markets slightly dialed...
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PHX Minerals (PHX) Surpasses Q4 Earnings Estimates

2 years 7 months ago
PHX Minerals (PHX) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring
Zacks

Crude Prices Fall as EIA Predicts Higher U.S. Oil Production

2 years 7 months ago
April WTI crude oil (CLJ24 ) Tuesday closed down -0.37 (-0.47%), and Apr RBOB gasoline (RBJ24 ) closed up +0.59 (+0.23%). Oil prices were undercut Tuesday after the U.S. DOE Energy Information Administration (EIA), in its Short-Term Energy Outlook, forecasted that U.S. crude oil production in 2024 will rise +2.0%...
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Cocoa Prices Resume Rally on Tight Supplies

2 years 7 months ago
May ICE NY cocoa (CCK24 ) on Tuesday closed sharply higher by +321 (+4.77%), and May ICE London cocoa #7 (CAK24 ) closed +313 (+5.67%). May NY cocoa Tuesday rallied sharply to a new contract high due to ongoing West African cocoa supply concerns. Lower cocoa production in the Ivory...
Barchart

S&P 500 Analyst Moves: XEL

2 years 7 months ago
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Xcel Energy is now the #260 analyst pick, moving up by 86 spots. This rank is formed by averaging the analyst opinions for each component from
BNK Invest

Dollar Mildly Higher on Hawkish U.S. CPI Report

2 years 7 months ago
The dollar index (DXY00 ) today is up +0.22% on the slightly hawkish CPI report. The dollar index is also seeing support from today’s +3.9 bp rise in the 10-year T-note yield, which modestly improved the dollar’s interest rate differentials. The dollar index is seeing support today after the markets...
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