Dow, S&P 500 and Nasdaq all close at record highs after soft inflation report
U.S. stocks closed higher Friday, with the S&P 500...
U.S. stocks closed higher Friday, with the S&P 500 notching a new all-time high after investors got a fresh reading on inflation that was slightly softer than Wall Street expected.
The Dow Jones Industrial Average rose 1%, while the S&P 500 gained 0.8% and the Nasdaq Composite climbed 1.2% at last check, according to FactSet data. Most of the S&P 500’s 11 sectors increased on Friday, with gains led by information technology.
For the week, the Dow gained 2.2%, the S&P 500 advanced 1.9% and the Nasdaq Composite jumped 2.3%, the preliminary data from FactSet showed.
US LNG boom tests balance between exports and affordability
With US liquefied natural gas facilities on track to surpass US households...
With US liquefied natural gas facilities on track to surpass US households in natural gas use for the first time this year, concerns are mounting that rising export volumes could push Henry Hub gas prices higher and further strain energy affordability. Residential consumers have paid $17.63 per thousand cubic feet so far in 2025, roughly five times the Henry Hub spot price. While the LNG boom boosts US export revenues and geopolitical influence, it also risks triggering consumer backlash and renewed pressure for regulatory action to protect households.
Oil Prices Soar on U.S. Sanctions Despite Weak Fundamentals
Light crude oil futures have surged more than 8% this week, driven by...
Light crude oil futures have surged more than 8% this week, driven by aggressive short-covering and geopolitical risk after the U.S. slapped new sanctions on Russia’s top oil exporters. However, despite the sharp rally, underlying supply and macroeconomic concerns continue to cap the upside, keeping traders cautious about the sustainability of the move.
After closing on Thursday up $3.29 at $61.79, WTI crude oil futures on early Friday morning are up 15 cents at $61.94 per barrel, as of 7:00 AM ET.
Working natural gas in storage across the United States increased by...
Working natural gas in storage across the United States increased by 87 billion cubic feet in the week ending October 17 compared to the previous seven-day period to reach 3,808 billion cubic feet, the Energy Information Administration (EIA) said in its report published on Thursday. [Thursday Closing Price:Natural Gas: 3.344 (-0.106). ]
On an annual level, the figure increased by 34 billion cubic feet. Additionally, the stockpiles increased by 164 billion cubic feet above the five-year average of 3,644 billion cubic feet. The total working gas was within the five-year historical range.
Halliburton: International Activity a Growth Engine in 2026
Halliburton is looking largely to...
Halliburton is looking largely to increased international and offshore demand for near- to mid-term growth. So far, the approach is working.
While the company saw an increase in North American revenue— somewhat offset by more than $30 million in tariff payments—in the international markets, “our value proposition is winning with customers,” CEO Jeff Miller said Oct. 21 in a quarterly earnings call with investors.
“We are demonstrating differentiated performance both on and offshore, and our growth engines are on track,” CEO Jeff Miller said Oct. 21 in a quarterly earnings call with investors.
Indeed, international and offshore opportunities look “solid” in 2026, Miller said.
