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financial market news
Stocks Slip as Fed Minutes Reinforce Rate Expectations
Major stock indexes edged lower after the release of the Federal Reserve’s June meeting minutes and weak economic data out of China. Source link
Iran Floods Global Markets With Cheap Oil as Saudi Arabia Cuts Output
Iranian crude exports have hit a five-year high in recent months as the country ships more oil to China and other buyers. Source link
Home-Builder Stocks Are Booming as Homeowners Stay Put
The top three publicly traded builders have seen their share of new-home sales rise from 22% to 31% over roughly the past five years. Source
U.S. Oil Boom Blunts OPEC's Pricing Power
U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major
U.S. Oil Boom Blunts OPEC's Pricing Power
U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major
Stocks Withstand Earnings-Day Declines From Goldman Sachs, Johnson & Johnson
Bank of America was among the other big companies reporting Tuesday. Source link
World’s First Carbon Import Tax Approved by EU Lawmakers
World Europe Vote caps nearly two years of negotiations on first-of-a-kind legislation Source link
Stocks Waver as Investors Weigh Higher Rates
The S&P 500 and bond yields edged higher as investors braced for a busy week of earnings. Source link