NEW YORK (TheStreet) -- Stock futures were setting markets up for a small rebound on Wednesday as crude oil continued its rally, climbing to a five-month high of $62 a barrel. S&P 500 futures were up 0.34%, Dow Jones Industrial Average futures added 0.35%, and Nasdaq futures climbed 0.14%. Stocks sold off on Tuesday, with the Nasdaq and S&P 500 down more than 1%, after weak trade data prompted worries that revised macro numbers could show the U.S.
Similar Stories to Stock Futures Set Up Small Rebound As Crude Oil Touches $62 on Bing News
twocents@thestreet.com (Keris Alison Lahiff), The Street
Wed, 05/06/2015 - 5:27am
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BING NEWS:
- Crude Oil News Today: Will OPEC+ Extend Production Cuts to Stabilize Prices?
Oil prices have reached their lowest in almost three months, with significant declines observed in both U.S. West Texas Intermediate (WTI) and Brent crude. This downturn reflects a blend of increasing ...
05/4/2024 - 3:16 pm | View Link - Stock Market News: Dow, S&P 500 Gain
Stocks held on to their gains Thursday, rallying ahead of the April jobs report. The 10-year Treasury yield fell to 4.569% and the 2-year fell to 4.875%. Peloton stock dropped after it announced ...
05/2/2024 - 1:04 pm | View Link - Crude Oil Futures Mixed as Rebound Loses Momentum
Oil futures struggle to recover from the previous session's selloff, with Brent edging higher and WTI ending the day lower. Friday's payrolls report "will likely determine how the complex finishes ...
05/2/2024 - 8:43 am | View Link - Crude oil prices today: WTI prices are up 8.21% YTD
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
05/2/2024 - 5:24 am | View Link - U.S. Crude Oil Inventories Unexpectedly Rebound
(RTTNews) - The Energy Information Administration released a report on Wednesday showing an unexpected rebound by U.S. crude oil inventories in the week ended April 26th. The report said crude oil ...
05/1/2024 - 3:42 am | View Link - More
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