Are rising oil prices good or bad for the economy and stock market? Few are even asking this question, since it seems obvious that higher oil prices CL00 CL.1 are unequivocally bad for stocks. Ever ...
The stock market dropped March 27 amid ongoing uncertainties involving the United States' involvement in Iran. The Nasdaq Composite was down 1.2% shortly before 11 a.m., according to CNBC, while the ...
The S&P 500 soared 78% over the past three years amid excitement about the artificial intelligence opportunity. In recent times, though, the index has fluctuated, swinging from gains to losses. The ...
US stock benchmarks struggle yet again, suffering from another rise in WTI. The Middle East conflict is escalating and risk-sentiment backs down ahead of a quintessential FOMC meeting. Exploring ...
The stock market continues to absorb blows from the U.S.-Iran war. The S & P 500 is up more than 1% week to date, and the Cboe Volatility Index (VIX) has eased to around 23 from a high above 35. The ...
The “frothy bull” market sentiment of the past few months is ending as global investors turn bearish, according to Bank of America Corp.’s latest fund manager survey. The bank’s broadest measure of ...
Stocks slid again as oil prices spiked on Friday, as the major indexes fell for a third-straight week. The Dow Jones Industrial Average fell 119 points, or 0.3%. The S&P 500 was down 0.6%. The Nasdaq ...
Financial conditions are tightening due to soaring oil prices, which will be harmful not only to the global economy, but also by pushing interest rates higher, strengthening the dollar, and sinking ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Maritime traffic in the narrow waterway between Iran and Oman has ground to a ...