Home Tags Commodities

Tag: Commodities

Mercedes holds a news conference to unveil new G-Class models at the North American International Auto Show in Detroit, Michigan

The Dow falls for an 8th straight day

Stocks fell Thursday, with the Dow Jones industrial average declining for an eighth straight day, as trade tensions persisted among the US and multiple countries. The dollar and Treasury yields fell.

Oil slides as OPEC closes in on a production increase

Crude prices slid Thursday as OPEC and other supply-cutting countries moved closer to a deal to ease supply cuts  that have been propping up prices for two years.

The Nasdaq hits an all-time high

The Nasdaq hit an all-time high Wednesday as tech and media stocks rose to fresh peaks, managing to shake off mounting trade tensions that have weighed on global markets this week. The dollar held close to an 11-month high, and Treasury yields inched higher.

The Dow erases its 2018 gains as Trump moves closer to an all-out trade war with China

Global markets shuddered Tuesday after President Donald Trump threatened hundreds of billions of dollars worth of tariffs on China, putting the world's largest economies on the brink of a trade war. The DJIA turned negative for the year and saw its longest losing streak since March 2017.
File photo of Mario Draghi, president of the European Central Bank, addressing the media during the ECB's monthly news conference in Frankfurt

Stocks go nowhere after ECB signals steady rates till next summer

Stocks were mixed Thursday after the European Central Bank announced plans to rein in a large-scale stimulus program that's been in place since the eurozone debt crisis. Trade tensions with the US heated up on multiple fronts, including with China and the EU.

The Dow cracks 25,000 for the first time since May

Stocks rose Wednesday, with the Dow Jones industrial average cracking 25,000 for the first time since late May. The euro hit a two-week high against the dollar. US Treasury yields rose, holding just below 3%.
Roughneck Brian Waldner is covered in mud and oil while wrestling pipe on a True Company oil drilling rig outside Watford, North Dakota.

Oil falls after US crude inventories unexpectedly rise

Oil fell Wednesday after the Energy Information Administration reported an unexpected increase in US crude inventories.
President Donald Trump with Mexican President Enrique Peña Nieto at the G20 summit in Hamburg, Germany, July 7, 2017.

Stocks go nowhere amid trade tensions

Stocks were mixed Tuesday as US trade tensions rose on multiple fronts. The dollar and the 10-year Treasury yield fell.

The US reportedly wants OPEC to pump out 1 million more barrels of oil a day

US officials have reportedly asked Saudi Arabia and other supply-cutting countries to raise output by about a million barrels per day.

Stocks soar as Apple hits an all-time high

Stocks rose Monday, as markets shifted focus from trade tensions to last week's upbeat jobs data. The dollar slipped, and Treasury yields inched up.