Good morning. Oil holds drop amid vague output cut plan by OPEC+, it was a strong month for US stocks and HPS Investment confidentially filed for IPO. Here’s what people are talking about. Oil steadied after tumbling on Thursday following an OPEC+ meeting that promised further output cuts but was hazy on the details. The … Read more
Good morning. High-stakes OPEC+ meeting, a bond rally that traders desperately need and Musk swings expletives at advertisers. Here’s what people are talking about. OPEC+ continued talks to resolve a deadlock on oil quotas — and potentially take further steps to shore up flagging crude prices — on the eve of its ministerial meeting. Group … Read more
Stock Market Today: Dow, S&P Live Updates for November 22 Bloomberg Source link
Stock Market Today: Dow, S&P Live Updates for November 16 Bloomberg Source link
Welcome to the Bloomberg Surveillance newsletter, a daily look at the best interviews and insights from Bloomberg Television and Radio’s flagship morning show co-hosted by Tom Keene, Jonathan Ferro and me. Sign up here if you’re not yet a newsletter subscriber. I’m sure that when you get this newsletter, you think, Lemme guess. Another screed … Read more
Chevron Corp.’s proposed $53 billion takeover of Hess Corp. is the second megadeal this month and makes resoundingly clear a new wave of consolidation is reshaping the energy landscape. US oil and natural gas companies are circling each other for potential match ups to keep investor returns growing as the nation’s prolific shale fields age. … Read more
A renewed bout of volatility in the bond market impacted stock trading, with investors also awaiting earnings from a handful of big techs. Oil sank as Israel appeared to hold off on a broader ground invasion of Gaza. After several twists and turns, the S&P 500 closed at its lowest since May. The gauge fell … Read more
Economists raised their US growth projections through early 2024 and trimmed the odds of any downturn to a one-year low as consumers continue to spend. The American economy probably expanded at an annualized 3.5% rate in the third quarter, the fastest in nearly two years, as forecasters marked up their household spending forecasts. And while … Read more
Pakistan’s key stock gauge rose to a six-year high on Friday amid optimism that the strengthening currency may help ease inflationary pressures. The KSE-100 Index rose 0.9% to 50,673.04, taking this month’s gain to almost 10% in the second-best performance among more than 90 global equity indexes tracked by Bloomberg. The gauge still trades at … Read more
Stock Market Today: Dow, S&P Live Updates for Oct. 16 Bloomberg Source link