Mid-Day Market Update: Gold Rises Over 1%; Provention Bio Shares Plunge
Midway through trading Tuesday, the Dow traded down 1.09% to 34,408.75 while the NASDAQ rose 0.01% to 14,641.07. The S&P also fell, dropping 0.60% to 4,326.41.
Oil Prices Pull Back From 6-Year Highs After OPEC Fails To Reach Production Deal
The United States Oil ETF (NYSE: USO) is trading lower by 1.9% on Tuesday morning despite crude oil prices hitting their highest level in six years.
Mid-Morning Market Update: Markets Mostly Lower; ISM Services PMI Falls In June
Following the market opening Tuesday, the Dow traded down 0.62% to 34,569.49 while the NASDAQ rose 0.19% to 14,667.72. The S&P also fell, dropping 0.27% to 4,340.67.
Energy Stocks May Be In Focus As Oil Rises After OPEC+ Doesn’t Agree On Output Increases
Now that the fireworks have fired and the flags are furled, it’s time to get back to the business of business and markets.
OPEC+ Talks Paused, Will Resume On Monday At 9 a.m. EDT
https://twitter.com/BakheitNesreen/status/1411054674497748993
UPDATE: Energy Reporter Amena Bakr Tweets ‘There’s a bit of a deadlock situation going on :expressionless: #OOTT…A number of states are attempting to convince the UAE to support the extension of the DOC #OOTT #opec’
https://twitter.com/Amena__Bakr/status/1411036203034583040
https://twitter.com/Amena__Bakr/status/1411035682106138626
Mid-Afternoon Market Update: Silver Rises 2%; Alector Shares Spike Higher
Toward the end of trading Friday, the Dow traded up 0.46% to 34,792.90 while the NASDAQ rose 0.67% to 14,619.12. The S&P also rose, gaining 0.66% to 4,348.47.
Crude Futures See Small Volume; Energy Reporter Amena Bakr Tweets ‘There appears to be a lot of support for extending the declaration of cooperation beyond April 2022…. But the voting is still ongoing #OOTT #opec’
https://twitter.com/Amena__Bakr/status/1411031953202204681