Buy the rumor, sell the news as markets fall flat with Biden proposed $1.9 trillion stimulus. The Dow Jones Industrial Average traded 89 points lower, or 0.3%. The S&P 500 dipped 0.4%, and the Nasdaq […]
The Securities and Exchange Commission launched an investigation of Exxon Mobil Corp. XOM 3.90% after an employee filed a whistleblower complaint last fall alleging that the energy giant overvalued one of its most important oil and gas properties, according to […]
ENB Publishers Note: Do we see $54? Two touches, but no continuation move through. If we can get a bullish rig report, look out for a a break of that resistance line. New York — Crude […]
Mixed data out as traders weigh new stimulus versus jobless claims increase. The Dow Jones Industrial Average gained 11 points, led by Boeing, Chevron and Intel, while the S&P 500 rose 0.2%. S&P 500: 16% […]
Singapore — 0238 GMT: Crude oil futures edged lower during mid-morning trade in Asia Jan. 14 as any bullishness due to a draw in US crude inventories was outweighed by indications of weak fundamentals in downstream […]
Stocks inch green Wednesday amid interests rates falling and the political uncertainty coming out of DC. S&P 500: 45% Nasdaq: 70% Dow Jones: 19% Given the rise in rates this year, Credit Suisse recommended that […]
DALLAS–(BUSINESS WIRE)–Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer”) today announced that Pioneer has completed its previously announced acquisition of Parsley Energy, Inc. (NYSE:PE) (“Parsley”) following the approval by Pioneer and Parsley stockholders of all proposals necessary for […]
ENB Publishers Note: API shows large stock draw (we will confirm with the EIA today at 8:30 AM MST) and the DAX futures fall overnight (not sure how much effect that is having). Bulls still […]
Stocks turn north as interest rates push all time highs. The benchmark 10-year note yield traded briefly traded at 1.187%, its highest level since March. The 30-year bond rate climbed to 1.88%. S&P 500: 04% […]
Antero Resources Corporation AR announced that it has priced $700 million of senior unsecured notes. Notably, the aggregate principal amount is upsized from $500 million. The independent natural gas and natural gas liquids company priced the […]
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