By: Karl W. Smith – Bloomberg – U.S. President Joe Biden is pushing for a temporary increase in oil and gas production at...
By: Valerie Volcovici and Nichola Groom – Reuters – The Biden administration on Tuesday unveiled a plan to slash emissions of the...
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What is ESG and why should I care? ESG is a back door way of choking capital to the energy sector. Its...
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By: Noah Browning – Reuters – Oil prices extended pre-weekend gains on Monday to hit multi-year highs, lifted by tight global supply...
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U.S. stocks finished higher on Tuesday, with the S&P 500 and the Nasdaq Composite scoring their biggest four-day rally of 2024 after softer-than-expected producer-price data reinforced bets that the Federal Reserve will commence cutting interest rates in September.
The Dow Jones Industrial Average rose 408.63 points, or 1%, to end at 39,765.64, according to FactSet data.The S&P 500 gained 90.04 points, or 1.7%, to finish at 5,434.43, and the Nasdaq Composite advanced 407 points, or 2.4%, ending at 17,187.61.
The S&P 500 and the Nasdaq have posted gains for four consecutive trading sessions. Both indexes notched their biggest four-day percentage climb of 2024.
Tuesday’s advance added to the market's comeback from the stock selloff earlier this month, with the three major indexes further erasing their heavy losses from the Aug. 5 rout.
Investors now await Wednesday's consumer-price index figures for July and Thursday's retail-sales data to gauge the health of the U.S. economy and whether the Fed truly has a green light to cut rates in September
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In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
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Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
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