U.S. Indices Dropped On Monday, Correcting Last Week’s Highs
On Monday, January 11, after adjusting the highs following the outcome of the Friday session, the primary U.S. stock indexes finished the trading session in negative territory. The consideration of the impeachment of Donald Trump has put pressure on the markets. The US Democratic Party organized a vote yesterday in the House of Representatives to […]
Oil Continued Rising For Past Seven Sessions
Oil futures continued to expand for the seventh consecutive session on Wednesday, November 25, adding around 1.8 percent to $45.71 after a rise of more than 4.3 percent a day earlier. The oil market is also supported by hopes that with the advent of successful coronavirus vaccinations, the global economy will return to normal functioning. […]
U.S. Indices Gained On Tuesday As Political Uncertainty Ends, Dow Jones Crossed 30,000 Mark First Time Ever
On Tuesday, the New York Stock Exchange rose sharply, with the Dow Jones index coming to a new high, crossing the symbolic mark of 30,000 points for the first time in its history. Investors look forward to 2021, when, thanks to vaccination, they hope to be able to turn the page on the coronavirus. They […]
Oil Prices Growing On Vaccine Optimism
U.S. light crude (WTI) rose further with a gain of 3 percent to $41.34 per barrel after a recovery of nearly 12 percent since start of the month. The Brent’s January contract rose 2.4 percent to $43.82. The price of Brent crude oil has been set above the $43.5 mark, which is a signal for […]