Energy stocks are a big buy right now
Oil prices rose on Monday morning after OPEC+ decided on Sunday to maintain the course of cutting oil production before applying a price cap of $60 on crude oil of…
WSJ Exclusive News | PepsiCo to cut hundreds of head office jobs
PepsiCo Inc. is laying off workers at the headquarters of its North American snack and beverage divisions, a signal that corporate belt-tightening extends beyond technology and mediaaccording to people familiar…
Redrawing the world oil map; Russia discount Emgargoed oil
Two of what had threatened to be huge shocks to the oil market in a year of seismic changes for the industry took a back seat on Monday as more…
Stocks hit by Fed hike worries as bond yields jump: Markets roundup
(Bloomberg) — Stocks opened the week with losses and bond yields rose as a gauge of U.S. services rose unexpectedly, fueling speculation that the Federal Reserve will keep its policy…
Dow loses 400 points as strong data reinforces fears Fed will need to be more aggressive
U.S. stocks fell on Monday after a hotter-than-expected reading for the U.S. services sector added to concerns that the Federal Reserve may need to be even more aggressive in its…
Treasury yields jump as US services data adds fuel to Fed bets
(Bloomberg) — Treasuries sold off as stronger-than-expected U.S. economic data added fuel to traders’ bets on how high Federal Reserve interest rates might eventually go. Most Read by Bloomberg A…
Stocks fall ahead of economic data
The Dow Jones Industrial Average fell 225 points on Monday ahead of a slew of November economic data, including the PMI composite, the ISM services index and factory orders. Chinese…
Falling futures; Tesla sinks after reports of production cuts
Dow Jones futures fell modestly on Monday morning, along with S&P 500 futures and Nasdaq futures. Crude oil prices rose as OPEC+ kept current crude production quotas. Tesla (TSLA) fell…
Credit Suisse rises on report of interest in Saudi crown prince
(Bloomberg) — Shares of Credit Suisse Group AG rose as much as 7.5% on reports that Saudi Arabia’s Crown Prince Mohammed bin Salman is preparing to invest about $500 million…
Chinese shares rise, yuan jumps above key level on reversal of reopening
(Bloomberg) — Chinese stocks rose and the yuan strengthened above a key level as authorities accelerated the move to reopen the economy and more investors tuned in. Most Read by…