Investors are rushing into the relative safe-haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Investors rushed into the safety of bonds Thursday and sold stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected.Market Insiderread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
Investors trying to get a gauge on the state of U.S.-China trade relations should look at shares of big chipmakers, according to Ned Davis Research.Marketsread more
The volatile stock of Tesla has lost over 40% so far this year, and experts are split on what might happen next.Trading Nationread more
The president addressed farmers and ranchers hurt by the trade war with China, just hours after his administration announced a new $16 billion farm and ranch aid package for...Politicsread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
J.P. Morgan Chase has cut ties with Purdue Pharma LP over the OxyContin maker's alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill...Banksread more
Crude oil futures edged higher on Thursday boosted by rising gasoline and ultra low-sulfur diesel prices, which soared to more than three-month highs after industry data earlier this week showed a steep decline in refined product inventories.
U.S. gasoline and ULSD, more commonly known as heating oil, futures both rose close to 1 percent as large French refineries remained offline due to strikes, while demand increases.
While U.S. crude stocks unexpectedly rose last week, refineries boosted output and distillate and gasoline stockpiles fell, a report from industry group the American Petroleum Institute said late on Tuesday, indicating strong demand for oil products, including exports.
Supply disruptions in Africa supported Brent while the rise in U.S. crude stockpiles capped gains in U.S. benchmark West Texas Intermediate.
The spread between the two benchmarks has steadied around $12.50 per barrel for the last four sessions in thin holiday trade.
Brent crude traded near $112 a barrel, marginally higher and not far from its Dec. 5 peak. U.S. crude rose about 33 cents to finish the session at $99.55, trying but faltering near psychological resistance at $100.
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