Stocks trade fairly flat (early gains, falling flat toward the afternoon) after traders weigh new stimulus versus some disappointing jobs numbers
- S&P 500: -0.01%
- Nasdaq: 55%
- Dow Jones: -0.30%
The U.S. economy lost 140,000 jobs in December, the Labor Department said. Economists polled by Dow Jones expected a gain of 50,000. The benchmark 10-year yield rose to its highest level since March 20, breaking above 1.1%.
Crude Oil and Natural Gas News
Crude oil prices surge to $52 on the back of improved rig counts (+9) and renewed OPEC+ cut. Nautral gas prices trade lower today to around $2.69. The price action suggests the nearly two week long short-covering rally may have run out of steam after the government storage report fell short of expectations.
US Energy News
International Energy News