The Latest Breaking News on Markets

Oil prices have witnessed a recent upsurge, fueled by geopolitical tensions coupled with upbeat OPEC forecasts. Given this outlook, as two energy stocks, Pioneer Natural Resources (PXD) and Suncor Energy (SU), gear up to announce their fourth-quarter results, would it be wise to scoop the shares of these two companies…

The S&P 500 ended the week at 5,005.57, down 0.30% for the week; the Dow Jones at 38,627.99, down 0.50%; the tech-heavy Nasdaq at 15,775.65, down 1.10% and the small-cap Russell 2000 at 2032.74, down 0.60%.

Stocks plummeted by more than 500 points as inflation data surpassed expectations, spurring concerns over Federal Reserve rate cuts.

European shares decline as investors await US data and focus on earnings. Stay updated with the latest stock market movements in Europe.

Asian markets rose Tuesday after another record high on Wall Street, with all attention on the release of key US inflation data due later in the day.

The Dow notched a new record high Monday, while the S&P 500 pulled back from its all-time peak.

The small-cap heavy Russell 2000 ended the week at 2009.99, up 3.8%, beating both the S&P 500 and the Dow Jones, which gained 1.7% and 2.5%, respectively.

Strength in a number of mega-cap tech stocks helped the Nasdaq outperform and the S&P 500 tackle a psychologically significant technical level.

Despite the growing prominence of cleaner energy sources, the demand for traditional energy resources remains steadfast and enduring. Thus, acquiring the shares of three top-notch energy companies, Energy Transfer LP (ET), Western Midstream Partners (WES), and DNOW Inc. (DNOW), might yield profitable returns amid the current market backdrop. Continue reading….