Financial Review
Sure, Why Not?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:14
- More information
Informações:
Synopsis
…Stocks higher. Oil higher. Dollar higher. Bond yields higher. PPI barely budges. Cohen selling access? California mandates solar. Earnings rolling in. Financial Review by Sinclair Noe for 05-09-2018 DOW + 182 = 24,542 SPX + 25 = 2697 NAS + 73 = 7339 RUT + 9 = 1596 10 Y + .04 = 3.00% OIL + 2.19 = 71.25 GOLD – 2.00 = 1313.20 Stocks pushed higher. Energy shares were the leaders as oil prices continued moving higher following Trump’s decision to quit a nuclear deal and resume sanctions against Iran. Also affecting oil markets was data from the Energy Information Administration, which showed that crude-oil stockpiles fell more than expected in the latest week. Energy shares jumped 2.4%, by far the biggest outperformer among the S&P 500 sectors. While crude oil prices have rallied over the past 12 months, energy stocks have basically gone nowhere. Among oil companies on the rise today: Exxon Mobil added 2.6%, Chevron climbed 2.2%, Halliburton up 1.6%, and Schlumberger gained almost 2%. Financials, material, indu