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oil-prices

Articles Tagged “Oil Prices

4 articles found

Stock Trading

Energy and Materials Stocks Surge as Oil Crosses $100 — CF Industries, Dow Inc, and Mosaic Lead the Rally

While the broader S&P 500 posts its third consecutive weekly loss, energy and materials sectors buck the trend with CF Industries up 7.25% and Dow Inc gaining 5.09%.

Jake Trader
Jake TraderMar 14, 20264 min read
Stock Trading

February CPI Holds at 2.4% as Rent Posts Its Smallest Gain Since 2021 — But Oil Prices Cloud the Outlook

The Bureau of Labor Statistics reports February inflation at 2.4% annually with core CPI at 2.5%, while rent's 0.1% monthly gain signals shelter disinflation is finally arriving.

Jake Trader
Jake TraderMar 12, 20264 min read
Stock Trading

Wall Street Suffers Its Worst Day in Three Months as Weak Jobs Data and Surging Oil Collide

The S&P 500 drops 2.4% and the Nasdaq tumbles 3.1% after February's jobs report misses badly and crude oil spikes above $88 a barrel.

Jake Trader
Jake TraderMar 7, 20265 min read
Crypto

Bitcoin Drops to $68,800 as Weak Jobs Data and Surging Oil Prices Trigger a Broad Crypto Selloff

A disappointing February jobs report and a spike in crude oil prices send Bitcoin tumbling 8% in 24 hours, dragging the broader crypto market down with it.

Satoshi Lens
Satoshi LensMar 7, 20265 min read