Tech stocks again reach all time highs as strong earnings from tech companies this week send markets to the bull side once again.
- S&P 500: 16%
- Nasdaq: 66%
- Dow Jones: 16%
“We see the pace of vaccinations as a key driver of equities through 2021, similar to how shifts in mobility and Covid cases drove equities in 2020,” Keith Parker, head of equity strategy at UBS, said in a note. “Removing bottlenecks for administering doses would present an upside case near-term.”
Crude Oil and Natural Gas News
Crude oil prices stay flat amid some bear API data (2.56 mm bbl BUILD) while vaccine rollout continues to place a source in this bear market. Crude oil prices currently trading around $53.13. Natural gas prices again tumble amid lack in cold temperatures as traders bid down NG prices. Natural gas prices currently trading at $2.487
US Energy News
- Biden cancels federal drilling permits
- API bearish data
- Baker Hughes disappoints with earnings
International Energy News
