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Stocks Pause After Dow Briefly Touches Historic 40,000
16.05.2024, 22:02 Uhr. ZeroHedge News - https: - Stocks Pause After Dow Briefly Touches Historic 40,000 The Dow Jones Industrial Average surged above the historic 40,000 mark in late morning and early afternoon trading. Euphoria was high as bulls celebrated Dow 40,000. This week's gains across broad equity indexes were primarily driven by a cooler April CPI print and dismal retail data on Wednesday...
Traders Ditch Bullish Bets On Oil
16.05.2024, 16:25 Uhr. ZeroHedge News - https: - Traders Ditch Bullish Bets On Oil By Tsvetana Paraskova of OilPrice.com A continuously fading war risk premium and signs that regional oil markets look well supplied prompted traders to slash last week their bullish bets on crude oil at the fastest pace in over a year. The net long position—the difference between bullish and bearish bets—dropped...
There Isn't Much That Can Stop This Market For Now
16.05.2024, 15:00 Uhr. ZeroHedge News - https: - There Isn't Much That Can Stop This Market For Now By Michael Miska, Bloomberg Markets Live reporter and strategist With US inflation and retail sales both cooling, bets that the Federal Reserve will cut interest rates are back, and there isn’t much left that could stop stocks from hitting new highs. After most equity markets fully erased April losses...
Welcome To LaLa Land As Market Jettisons Tail Risks
16.05.2024, 14:13 Uhr. ZeroHedge News - https: - Welcome To LaLa Land As Market Jettisons Tail Risks By Simon White, Bloomberg Markets Live reporter and analyst The economy is signaling a more volatile, potentially recessionary period. Markets, however, aren’t paying attention. Not only are the twin tail risks of a downturn or resurgent inflation being ignored, but a near-impossible “immaculate...
Futures Flat At All Time High As Markets Mull Next Move
16.05.2024, 13:47 Uhr. ZeroHedge News - https: - Futures Flat At All Time High As Markets Mull Next Move US index futures are flat after notching new record highs on the S&P 500 and Nasdaq 100, spurred on by a miss in the US CPI print and retail sales data on Wednesday, which also boosted bets the Federal Reserve will ease policy. That inflation data, which the market was feverishly anticipating,...
US Suspends EcoHealth Funding Over Wuhan Lab Compliance
16.05.2024, 01:00 Uhr. ZeroHedge News - https: - US Suspends EcoHealth Funding Over Wuhan Lab Compliance Authored by Zachary Stieber via The Epoch Times (emphasis ours), U.S. officials have cut off funding to a nonprofit that funneled government money to a laboratory in China located in the same city where the first COVID-19 cases appeared. Peter Daszak, president of the EcoHealth Alliance, testifies...
Diesel Takes Another Hit And May Be Driving Down Broader Oil Market
16.05.2024, 00:21 Uhr. ZeroHedge News - https: - Diesel Takes Another Hit And May Be Driving Down Broader Oil Market By John Kingston of FreightWaves With the benchmark diesel price used for most fuel surcharges down for the fifth week in a row, diesel consumers should be reveling in the fact that market trends appear to have completely thrown out concerns about the Middle East conflict and are focused...
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