Goldman Sachs raised its year-end target for the benchmark S&P 500 citing an improved earnings outlook for the index companies.
Read More Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlookTag: oil prices
Oil drops on demand worries after US gasoline inventories swell
Oil prices fell by 2.5% as a bigger-than-expected rise in U.S. gasoline inventories worried markets about demand.
Read More Oil drops on demand worries after US gasoline inventories swellTech giants lead surge in global mega-caps as inflation eases
Market capitalizations of global mega-cap companies surged, buoyed by a decline in U.S. yields and growing anticipation of potential rate cuts amid diminishing worries about inflation.
Read More Tech giants lead surge in global mega-caps as inflation easesOil tumbles 4% as OPEC+ meeting delayed
Oil prices tanked as OPEC+ producers unexpectedly delayed a meeting on output, raising questions about the future course of crude production cuts.
Read More Oil tumbles 4% as OPEC+ meeting delayedOil prices dive on US crude build and China concerns
Oil prices fell more than $3 a barrel on Thursday, extending losses from the previous session.
Read More Oil prices dive on US crude build and China concernsOil Prices React To The War In Israel
Experts now indicate the war in Israel will cause a spike in oil prices posing potential risks for consumers.
Read More Oil Prices React To The War In Israel