Dow trades flat as investors assess first-quarter earnings, retail sales data
US stock futures near even, early Friday, as investors...
US stock futures near even, early Friday, as investors wait for big banks to kick off earnings season and shed some light on the economic outlook. Here are the latest market moves.
Big bank earnings: Citigroup, JPMorgan, Wells Fargo, and BlackRock, all reporting.
The energy sector is off to a mixed to higher start, supported by mild...
The energy sector is off to a mixed to higher start, supported by mild strength in the crude complex while the major equity futures trade is near the flatline. Futures tied to the S&P 500 and the Dow pared losses as resilient earnings from big U.S. banks helped assuage fears of further stress in the sector after the failure of two mid-sized lenders last month sparked concerns about a potential recession.
WTI and Brent crude oil futures edged higher after the West's energy watchdog said it expected global demand to rise to a record high this year on the back of a recovery in Chinese consumption. The International Energy Agency also warned that output cuts announced by OPEC+ producers could exacerbate an oil supply deficit and hurt consumers.
Natural gas futures are down in early trading as the NOAA's 6-10 day outlook shows below-normal temps for much of the western US, extending across the Northern Plains into parts of the western Great Lakes
Exxon Mobil CEO Darren Woods took home 52% more pay last year when oil prices surged and the company...
Exxon Mobil CEO Darren Woods took home 52% more pay last year when oil prices surged and the company posted record annual profits.
An explosion at a Texas dairy farm killed an estimated 18,000 cattle earlier this week. That would be “by far” the deadliest barn fire involving cattle since record-keeping began in 2013, the Animal Welfare Institute said.
The WTA will resume holding tournaments in China, ending its boycott that was sparked by concerns over the well-being of Chinese player Peng Shuai.
Premier League teams agreed to ban gambling companies from sponsoring the front of their shirts on match days by the end of the 2025–2026 season.
Benchmark U.S. crude oil for May delivery fell $1.10 to $82.16 a barrel Thursday. Brent crudefor June delivery fell $1.24 to $86.09 a barrel.
Wholesale gasoline for May delivery fell 4 cents to $2.83 a gallon. May heating oilfell 3 cents to $2.67 a gallon. May natural gas fell 8 cents to $2.01 per 1,000 cubic feet
S&P 500, Dow book highest close in 2 months on more signs of cooling inflation and ahead of bank earnings
U.S. stocks finished sharply higher on Thursday, led by technology stocks, as traders parsed another...
U.S. stocks finished sharply higher on Thursday, led by technology stocks, as traders parsed another batch of inflation data showing pressures easing in March, while the first reports from what’s expected to be a gloomy first-quarter earnings season arrived, with several marquee releases due on Friday morning.
The S&P 500 and the Dow Jones Industrial Average booked their highest close since mid-February, according to Dow Jones Market Data.
Dow Jones Industrial Average DJIA, +1.14% rose 383.19 points, or 1.1%, to finish at 34,029.69.
S&P 500SPX, +1.33% gained 54.27 points, or 1.3%, to end at 4,146.22.
Nasdaq Composite COMP, 1.99% increased 236.93 points, or 2%, ending at 12,166.27.