Newsfeeds - Spark Newswire

4 minute read

S&P 500 Hit 4,000, Bank Stocks Soar, Treasury Yields Rise, As Worries Over Banking Crisis Ease – Traders Await FOMC

Today, 3:26 PM

It's a day of deep risk-on in markets, with stocks posting strong gains, bonds and gold plunging as Treasury yields climbed, after Treasury Secretary Janet Yellen injected confidence over the b

BAC

2 minute read

Biden The Master Oil Trader Part Deux? Crude Prices Plummet. Is A Government Windfall Coming?

By Adam Eckert

Today, 3:26 PM

The crude oil market continues to crumble Wednesday, and it's possible the U.S.

SIVB

1 minute read

Point72 Asset Management Reduces T-Mobile US, AstraZeneca, Ross Stores, Juniper Networks, SPDR Energy Fund, Bill.Com

By Michael Horton

Today, 3:26 PM

-SEC Filing

AZN

2 minute read

Year Of Volatility: Stocks Exposed To Russia-Ukraine War See Big Gains/Losses

By AJ Fabino

Today, 3:26 PM

It's been one year since the world watched as Russian President Vladimir Putin mobilized over 100,000 troops along Ukraine's border, signaling a possible full-scale attack.

ALB

2 minute read

Top-Performing Hedge Fund In 2022 Has This Strategy To Thank: How Much Did It Make Last Year?

By AJ Fabino

Today, 3:26 PM

Macro trading is an investment strategy that takes into account both domestic and global macroeconomic trends.

AAPL

1 minute read

US Crude Stocks Bounce Slightly Despite Soft Demand, China’s Dubious ‘Reopening’

By Anthony Noto

Today, 3:26 PM

Crude oil prices were a mixed bag Thursday morning as fuel demand weakens amid the tepid reopening of China's economy.

MRO

1 minute read

Options Trader Bets That XLE Will Drop At Least This Much By March Expiration

By Lisa Levin

Today, 3:26 PM

Crude oil prices dropped on Wednesday amid concerns over surging COVID-19 cases in China, the world’s top oil importer.

APA

2 minute read

Energy Caucus Congressman Scoops Up Shares In 2 High Yielding Pipeline Stocks

By Robert Kuczmarski

Today, 3:26 PM

Energy stocks have been on a tear since giving up their August gains, they have now returned to October’s trading levels, as the SPDR Select Sector Fund - Energy Select Sector (ARCA: XLE) is down over 6% in the past month.

DVN

1 minute read

Rivian, An Energy ETF and One Of The World’s Largest Payments Processors: CNBC’s ‘Final Trades’

By Priya Nigam

Today, 3:26 PM

On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management said Energy Select Sector SPDR Fund (ARCA: XLE) is likely to touch its 200-day moving average, which is around 80. The ETF is trading around 86, and she recommends waiting for it to come down.

RIVN

2 minute read

Cathie Wood Warns Ahead Of FOMC Meeting That The Fed Is Making A ‘Serious’ Mistake As Yield Curve Inversion Waves Red Flag

By Shanthi Rexaline

Today, 3:26 PM

The Federal Reserve, under Chair Jerome Powell, raised the fed funds rate by a cumulative 3.75% points since it began tightening in March, with opinions divided over the legitimacy of the Fed action.

XLE