Search results
1 day ago · Energy stocks are among the best performing S&P 500 sectors Friday even as Brent crude and West Texas Intermediate prices edged lower. Shares of Baker Hughes Co. led the sector higher, while Valero Energy Corp., Phillips 66, Targa Resources Corp. and Occidental Petroleum Corp. all gained.
1 day ago · European shares opened higher as firmer crude oil prices lifted energy stocks. The pan-European Stoxx 600 gained 0.1pc after closing lower for the last three sessions.
5 hours ago · (Bloomberg) -- Canada’s newest oil pipeline has turbo-charged exports of the country’s heavy crude to Asia and a diversion through California is making for a longer but potentially cheaper journey.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionSupreme Court Ends OxyContin Settlement, Cracking ...
1 day ago · (Bloomberg) -- A dismal week for consumer stocks is raising concern about the financial health of US households just before the second-quarter earnings season begins in earnest next month. Most Read from BloombergGavin Newsom Is Ready for the Biden EmergencyThe Question on Democrats’ Minds: How to Replace Biden?Biden’s Disastrous Debate Accelerates Doubts Over CandidacySupreme Court ...
1 day ago · yields and more Fed cuts than the current consensus. This scenario bakes in a PCE of 2.2%, three cuts and 10-year yield following to 3.75% by yearend. Assumptions - implying a trailing P/E for the S&P 500 of 22.5 times by year end with the index closing at 5500. Flows to US large equity funds are still positive but below peak . Small equity
1 day ago · For the session, August-dated West Intermediate (WTI) crude gained 61 cents, or 0.8%, to settle at $82.35 per barrel for the day, 0.9% higher for the week, up 7% for June, and down 1.8% for the ...
5 hours ago · West Texas Intermediate crude fell 0.3% to $81.53 a barrel Spot gold fell 0.2% to $2,324.07 an ounce This story was produced with the assistance of Bloomberg Automation.
