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Stocks Settle Higher as Fed Rate Hike Concerns Ease

2 days 5 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up by +0.73% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.00%. December E-mini S&P futures (ESZ26 ) rose +0.73%, and December E-mini...
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G7 Fuel Release Offers Short Term Price Relief

2 days 5 hours ago
Bloomberg Economics economic statecraft lead Chris Kennedy tells Bloomberg This Weekend that the G7’s coordinated release of up to 100 million barrels of oil and fuel could provide near-term relief from record diesel prices, but will not resolve supply constraints tied to the Iran war and attacks on Russian refining capacity. Speaking with hosts David Gura and Christina Ruffini, Kennedy says a US diesel export ban could create unintended consequences for domestic and global fuel markets, while high diesel costs are adding economic pressure in states with competitive midterm races (Source: Bloomberg)