U.S. stocks end higher as investors weigh AI hopes, await Fed policy meeting
U.S. stocks finished higher Monday — snapping a three-day losing streak...
U.S. stocks finished higher Monday — snapping a three-day losing streak for the S&P 500 and Nasdaq Composite — as investors awaited a Federal Reserve meeting this week that’s expected to shed light on the prospect of rate cuts later this year.
The Dow Jones Industrial Average DJIA rose 75.66 points, or 0.2%, to end at 38,790.43.
The S&P 500SPX gained 32.33 points, or 0.6%, to finish at 5,149.42.
The Nasdaq Composite COMP closed at 16,103.45, up 130.27 points, or 0.8%.
The major indexes traded in tight ranges Monday and ended near session lows.
The 68-team field for the 2024 men's college basketball tournament ...
The 68-team field for the 2024 men's college basketball tournament was revealed yesterday, with the defending champion University of Connecticut (31-3) taking the top overall seed. The Huskies were joined by the other three No. 1 seeds in Houston (30-4), Purdue (29-4), and North Carolina (27-7). See a printable bracket with the full fieldhere.
N.M. environment agency seeks fee hikes for O&G firms
The New Mexico Environment Department has asked its governing Environmental...
The New Mexico Environment Department has asked its governing Environmental Improvement Board to increase fees for oil and natural gas companies to boost funding for new hires and air quality rule compliance and enforcement. The proposal calls for doubling criteria pollution fees to $81 per ton, raising new construction permit fees from $500 to $2,000, and tying permit fees to the consumer price index.
US LNG projects derailed by Biden's licensing pause
US liquefied natural gas export projects slated to begin operations later...
US liquefied natural gas export projects slated to begin operations later this decade are facing financing and construction hurdles due to the Biden administration's pause on new licenses, as policy uncertainty makes buyers hesitant to commit to new long-term contracts. The Energy Department has announced that it's working with the EU and other major LNG purchasing countries to develop a framework by next year for measuring and verifying greenhouse gas emissions associated with LNG exports.
Top energy leaders converge on Houston for CERAWeek
The annual CERAWeek energy conference kicks off today in Houston, where...
The annual CERAWeek energy conference kicks off today in Houston, where top oil ministers and leaders from companies such as Chevron, ExxonMobil, Petronas and BP will deliver their insights to an audience of over 7,200 attendees. The main topics of discussion will include energy security, global liquefied natural gas developments, US climate policies and the rise of geothermal energy.
