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A sharp reversal in crude oil handed U.S. equities a reprieve on Wednesday, with stocks grinding higher off six-week lows just hours before the Federal Reserve is expected to raise interest rates for the first time since 2023. The S&P 500 added 0.4% to 7,615.70, while the Dow Jones Industrial Average was effectively fl
President Donald Trump says tariffs on all cars, trucks, automotive parts and steel will rise to 50% on January First, 2027, pressuring industrial and auto supply chains.
() -- Energy stocks were higher late Wednesday afternoon, with the NYSE Energy Sector Index and the State Street Energy Select Sector SPDR ETF (XLE) each adding about 1.2%. The Philadelphia Oil Service Sector Index was gaining 2.4%, and the Dow Jones US Utilities Index was decreasing 0.8%. Crude oil prices jumped after
() -- Energy stocks were higher late Wednesday afternoon, with the NYSE Energy Sector Index and the State Street Energy Select Sector SPDR ETF (XLE) each adding 1.2%. The Philadelphia Oil Service Sector Index was climbing 2.4%, and the Dow Jones US Utilities Index was decreasing 0.8%. Crude oil prices jumped after Pres
() -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 1.3% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.1%. The Philadelphia Oil Service Sector Index was climbing 1.9%, and the Dow Jones US Utilities Index was decreasing 0.4%. Crude oil prices jumped after Pr