Markets Today
Heating Oil, Brent Crude, and Gasoline are the most “Cheap and Oversold” markets amongst all commodities.
The International Brotherhood of Teamsters has declined to endorse Kamala Harris or Donald Trump for president, saying neither candidate has sufficient support from the 1.3 million-member union
The Nov WTI trading session settled at 69.88(-0.08) , had a high of 70.31, a low of 68.58. Cash price is at 71.21(+1.07), while open interest came in at 346,083. Higher on the day by -0.11% CLX traded...
Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates
I find it more than interesting the Fed cut rates by a half. I say that due to my initial analysis of economic government reports not reflecting the inflation impact on most consumers.
Alaska Airlines is closing its $1 billion purchase of Hawaiian Airlines
Learn about Credit futures from CME Group and see how participants use this contract to manage credit exposure in the corporate bond market.
Gold tends to perform well when interest rates are falling as investors seek safe-haven assets. Gold futures and options can help market participants manage risk amid shifting economic conditions.