🔔 Before the opening bell: US stock futures rise early Monday, after jumping Friday as a Goldilocks jobs report took pressure off of interest rates.
What last week’s “baby rally” means for the market going forward. Fundstrat’s Tom Lee sees fundamental and technical reasons for the market to keep the momentum going. A strong earnings season and Wall Street’s fear gauge plummeting are all good signs.
Historybook: Basketball inventor Dr. James Naismith...
Historybook: Basketball inventor Dr. James Naismith born (1861); Teddy Roosevelt travels to Panama and becomes first president to make diplomatic tour outside the US (1906); The UN formally condemns apartheid in South Africa (1962); Hollywood great Gene Tierney dies (1991).
Willie Nelson, Missy Elliott, and Sheryl Crowheadline 2023 class inducted into the Rock & Roll Hall of Fame (More)
157 people were killed in Nepal’s worst earthquake in eight years on Friday.
Divers recovertens of thousands of ancient Roman coins at a site off the coast of Sardinia; trove believed to be from a fourth-century shipwreck (More)
Ethiopia's Tamirat Tola sets recordin winning NYC Marathon men's race; Kenyan Hellen Obiri wins women's title (More)
More US oil producers top Q3 earnings expectations
Pioneer Natural Resources, EOG Resources, and ConocoPhillips are the latest US oil producers to report...
Pioneer Natural Resources, EOG Resources, and ConocoPhillips are the latest US oil producers to report better-than-expected third-quarter profits, with earnings of $5.38 per share, $2.16 per share, and $3.44 per share, respectively. All of them attributed their strong performance to heightened production levels.
Canadian oil and natural gas companies, with their discounted valuations and abundant fossil fuel reserves,...
Canadian oil and natural gas companies, with their discounted valuations and abundant fossil fuel reserves, are gaining significant attention as prime targets for acquisition by US corporations and private equity firms, which are particularly interested in assets in the Montney, Duvernay and Clearwater shale formations. US acquisitions of Canadian oil and gas assets have surged to a 12-year high, totaling $3.2 billion so far this year, LSEG data show.
In his first speech since Hamas’s Oct. 7 attack on Israel, Hezbollah leader Hassan Nasrallah called...
In his first speech since Hamas’s Oct. 7 attack on Israel, Hezbollah leader Hassan Nasrallah called the assault “glorious” but did not signal he’d join the conflict in a significant way imminently. The world is watching Hezbollah’s next moves carefully since the Iran-backed Lebanese militant group’s involvement could spark a wider regional war in the Middle East. Also yesterday, during his visit to Israel, US Secretary of State Antony Blinken called for a humanitarian pause in the Israel–Hamas war; Israeli Prime Minister Benjamin Netanyahu rejected the possibility of a cease-fire that does not include the release of the hostages being held in Gaza.
