Here are potential impacts of China’s reopening on markets, Goldman Sachs says
[ad_1] China, the world’s second-largest economy behind the U.S., is set to reopen in just a few days and one major Wall Street firm has boiled down the likely impact…
Oil prices lifted by data showing fall in U.S. crude inventories
[ad_1] Oil futures rose Wednesday, lifted after an industry report showed U.S. crude inventories fell last week. Official government data on crude inventories is due later in the session. Price…
Stronger demand outlook lifts oil, as traders digest a hefty U.S. supply climb and Fed policy decision
[ad_1] Oil futures settled higher on Wednesday, buoyed after the International Energy Agency raised its forecast for demand growth in the year ahead, as traders digested news of a significant…
Energy stocks look ‘especially vulnerable’ to crude-oil selloff
[ad_1] Something appears wrong with the chart comparing energy stocks with crude-oil prices, as what used to be a near-100% correlation has flipped to negative since oil prices peaked earlier…
Tesla stock at two-year low, other EV-maker shares plunge as concerns simmer about China, oil futures
[ad_1] Tesla Inc. shares on Monday were poised to end at a fresh two-year low, with shares of other electric-vehicle makers also underperforming the broader equity market as worries about…
Moody’s Mark Zandi sees relief within 6 months
[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…
Oil prices on track for 3-day winning streak as dollar extends retreat from recent highs
[ad_1] Oil futures rose early Monday, on track for a three-day winning streak, as the U.S. dollar continued to pull back from multidecade highs and investors turn their attention to…