Sunday, December 22

Tag: LC_ARTICLE_EVENTS_STOCKMARKET

Why Oil Prices Never Surged to $100 This Year
29Dec By adminNo Comments
Money

Why Oil Prices Never Surged to $100 This Year

Travelers, truckers and shippers worldwide can thank the U.S. for helping keep a lid on oil and gasoline prices this year.A year ago, Wall Street analysts were predicting the international benchmark for oil prices would surge from around $85 a barrel to well over $100 in 2023. Instead, Brent crude will likely enter 2024 slightly cheaper than where it started this year, though experts warn any spread in global instability could drive it higher. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Why Oil Prices Never Surged to $100 This Year
29Dec By adminNo Comments
World

Why Oil Prices Never Surged to $100 This Year

Travelers, truckers and shippers worldwide can thank the U.S. for helping keep a lid on oil and gasoline prices this year.A year ago, Wall Street analysts were predicting the international benchmark for oil prices would surge from around $85 a barrel to well over $100 in 2023. Instead, Brent crude will likely enter 2024 slightly cheaper than where it started this year, though experts warn any spread in global instability could drive it higher. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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What Did Wall Street Get Right About Markets This Year? Not Much
29Dec By adminNo Comments
Money

What Did Wall Street Get Right About Markets This Year? Not Much

Updated Dec. 29, 2023 12:07 am ETAlmost no one thought 2023 would be a blockbuster year for stocks. They could hardly have been more wrong. The Federal Reserve raised interest rates at the fastest clip since the 1980s, a regional banking crisis felled Silicon Valley Bank, and war broke out in the Middle East. Yet stocks kept climbing. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Santa Might Have One Last Gift for Investors
28Dec By adminNo Comments
Money

Santa Might Have One Last Gift for Investors

It looks as though Santa hasn’t left town just yet.The S&P 500 is poised to cap a roaring comeback this year with a Santa Claus rally, or the gain that stocks often get heading into the new year. That would mark the eighth straight year stocks got a Santa bump, which hasn’t happened since the eight-year winning streak ending in 1976, according to Dow Jones Market Data. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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S&P 500 Hovers, Just Shy of Fresh Record
27Dec By adminNo Comments
Money

S&P 500 Hovers, Just Shy of Fresh Record

The S&P 500 closed just shy of an all-time high Wednesday, a sign of the optimism that has sent stocks rallying this year after a punishing 2022. The benchmark index crept up 0.1% Wednesday, leaving it 0.3% shy of its January 2022 record close. The tech-heavy Nasdaq Composite added 0.2%. The blue-chip Dow Jones Industrial Average rose 0.3%, or about 111 points, its sixth record high this month. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Stocks Rise to Start Last Trading Week of Year
26Dec By adminNo Comments
Money

Stocks Rise to Start Last Trading Week of Year

Major indexes advanced to start the holiday-shortened trading week, with stocks looking to close out a positive year after a bruising 2022.The benchmark S&P 500 gained 0.4% Tuesday, leaving it within 0.5% of a record close. The tech-heavy Nasdaq Composite added 0.5%, and the blue-chip Dow Jones Industrial Average rose 0.4%, or about 159 points. The small-cap Russell 2000, which has outperformed the leading indexes in December, climbed 1.2%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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S&P 500 Notches Longest Run of Weekly Gains Since 2017
23Dec By adminNo Comments
World

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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S&P 500 Notches Longest Run of Weekly Gains Since 2017
22Dec By adminNo Comments
Money

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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