Brazil And Oil Among Winning Sectors Despite U.s. Market Turmoil

NEW YORK (TheStreet) -- I warned last week that the current turmoil in the world was going to get worse before it got better. But the market is still holding up. The market survived the continuing fighting in Gaza and Iraq and the Malaysian commercial airliner shot down over Ukraine, even though by the end of that Thursday, the market had declined 161 points. Greenberg: Ackman's 'Anticappointment' Delta Flies High; Boeing Reduces Altitude; 4 More Must-See Earnings Previews Apple 3Q Earnings Live Blog Recap Still, despite the Federal Reserve chief talking down specific segments of the market, the S&P 600 Smallcap Index ended the week down only 0.50%.

BING NEWS:
  • Crude oil heads for third straight weekly loss as supply and demand worries weigh on market
    Poor U.S. manufacturing data and weak private payrolls also weighed on the market. Though oil prices have bounced back over the past two days on hopes that lower rates might boost demand, the two ...
    06/6/2024 - 1:01 pm | View Link
  • Oil Below $80 Likely Points To A Market In Oversold Territory
    Global oil demand may appear to be shaky. However, the recent futures selloff is likely overdone as the crude market is not in surplus.
    06/6/2024 - 6:16 am | View Link
  • Oil prices see ‘oversold bounce’ after recent losses as traders weigh a rise in U.S. supply
    Oil futures settled higher on Wednesday, with prices recouping a portion of their losses from a five-session decline.
    06/5/2024 - 8:20 am | View Link
  • U.S. Crude Oil Inventories Rose Last Week
    U.S. crude oil inventories rose 1.2 million barrels last week, along with a rise in gasoline and distillate stocks, as refineries raised their capacity use.
    06/5/2024 - 3:21 am | View Link
  • Why U.S. oil production isn’t a huge threat to OPEC+ market share anymore
    Assuming domestic oil production has reached its limit for now, the U.S. could pose less of a threat to OPEC+ market share moving forward. Instead, it is ...
    06/3/2024 - 11:00 pm | View Link
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