Barry Bannister analyzes the stock market ahead of second quarter GDP and jobless claim reports.
U.S. stock futures edged up to start the week after the S&P 500 hit another record close and notched its third consecutive week of gains.
Lumber futures are trading higher Wednesday for the first in eight days as buyers emerge following a bruising seven-day selloff that dropped prices by as much as 29%.
A shortage of a critical part used to build basements in new homes threatens to bring new construction to a standstill, delivering the latest blow to an industry that has been squeezed by rising mortgage rates and a lumber deficiency.
The most shorted stocks continue to get whacked around.
U.S. stock futures seesawed Monday morning amid a quiet holiday trade.
Global stocks dropped Monday as a fast-spreading strain of coronavirus emerging from England prompted fresh travel restrictions, dealing another blow to prospects for the global economic recovery.
Asian shares rose on Friday as progress on COVID-19 vaccines boosted investor sentiment, but tricky Brexit negotiations and U.S. stimulus talks capped gains in riskier assets.
One day after Americans celebrated the Thanksgiving holiday and markets were closed, stock futures traded cautiously early Friday with Asian stocks mixed over questions about the effectiveness of one possible coronavirus vaccine weighing on investor optimism.
Stock futures rebounded from earlier losses, trading back and forth throughout the night
Oil prices were under pressure Monday as Western Europe imposed lockdowns aimed at slowing the spread of COVID-19 and Libya ramped up its production following the lifting of a force-majeure blockade.
Stimulus hopes outweigh elevated unemployment.
October, historically a rocky one for stocks, is off to a solid start
Gold prices on Wednesday fell below $1,900 an ounce for the first time in nearly two months amid continued strength in the U.S. dollar.
Gold prices will benefit from a strong technical backdrop and easy monetary policy from central banks.
Oil and gas prices gained Thursday as the slow-moving Hurricane Sally neared the Mississippi coastline.
Banning natural gas and oil development on public lands and waters would cost Americans approximately 1 million jobs by 2022 and force the U.S. to import significantly more foreign oil, a top oil and natural gas industry group claimed in a new analysis on Wednesday.
Joe Biden and his running mate Kamala Harris have been very clear – for years -- on their policy positions when it comes to energy.
Oil prices were sharply lower Tuesday as traders priced in the upcoming drop in demand.
TOKYO - U.S. stock futures and Asian shares regained some footing on Tuesday following a small bounce in European shares as investors looked to whether high-flying U.S. tech shares could recover from their recent rout.