Crude Oil Rises 2.8% to $97.77 as Stocks Trade Mixed
Oil rose 2.8% to $97.77. U.S. stocks were mixed midway through trading, with the Dow up 0.93%, the Nasdaq down 0.24% and the S&P 500 up 0.16%.
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Citi sees Novo Nordisk sales slightly above consensus
Citi said Novo Nordisk's third-quarter sales could come in 1% above consensus, helped by a strong Wegovy pill launch in the U.K. The bank cut its target price to 296 kroner from 310 kroner and kept a neutral rating.
Crude Oil Rises Over 1%; Conagra Brands Earnings Top Views
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling over 200 points on Wednesday. The Dow traded down 0.42% to 51,135.81 while the NASDAQ rose 0.86% to 27,028.35. The S&P 500 also rose, gaining, 0.32% to 7,695.23. Leading and Lagging Sectors Information technology shares jumped by 1.2%
Crude Oil Rises Over 4%; Darden Earnings Miss Views
U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 350 points on Thursday. The Dow traded down 0.70% to 51,153.35 while the NASDAQ dipped 0.70% to 26,746.39. The S&P 500 also fell, dropping, 0.46% to 7,670.50. Leading and Lagging Sectors Energy shares jumped by 1.7% on Thursday. In
Gold jumps 3% as ISM services PMI rises in August
The ISM services PMI surged to 55.4 in August from 54.1 previously, above the 54.3 market estimate and its strongest pace in six months.
PCE inflation rises 3.7% in July, above forecasts
The U.S. Personal Consumption Expenditures price index rose 3.7% year over year in July versus economist forecasts of 3.6%, while the monthly measure increased 0.2% and core PCE was unchanged at 3.3%.
European stocks close mixed as DAX rises 0.60%
European equities close mixed on Aug 25, with Germany’s DAX 30 up +0.60% to 26,274.75 and France’s CAC 40 down -0.16% to 8,439.20.
US Composite PMI Rises To 56 In August, Strongest Since April 2022
The US S&P Global composite PMI climbed to 56 in August from 54.5 in the previous month, marking the strongest growth since April 2022.
NY Empire State Manufacturing Index Rises to 20.6 in August
The New York Fed's Empire State Manufacturing Index surged to 20.6 in August from 15.6 in the prior month, topping market estimates of 11.
Empire State Manufacturing Index jumps to 20.6 in August
The New York Fed’s Empire State Manufacturing Index rises to 20.6 in August from 15.6 in the prior month, exceeding market estimates of 11, as U.S. stocks trade mixed.
Crude Oil Tumbles 7%; ISM Manufacturing PMI Rises In July
U.S. stocks traded higher midway through trading, with the S&P 500 gaining more than 1% on Monday. The Dow traded up 1.06% to 53,043.92 while the NASDAQ rose 1.88% to 25,851.08. The S&P 500 also rose, gaining, 1.24% to 7,582.50. Leading and Lagging Sectors Communication services shares jumped by 4.1% on Monday. In trad
Crude Oil Rises Sharply; T-Mobile Shares Fall Following Q2 Results
U.S. stocks traded lower midway through trading, with the S&P 500 falling over 1% on Thursday. The Dow traded down 0.92% to 51,738.04 while the NASDAQ declined 2.03% to 25,169.19. The S&P 500 also fell, dropping, 1.16% to 7,412.12. Leading and Lagging Sectors Industrials shares jumped by 2% on Thursday. In trading on T