"Futures are trading mixed as we get ready to kick off the first-quarter earnings season next week, with the big money-center banks and brokerage firms headlining the first results."
"The small-cap Russell 2000 led the pack Thursday, closing up 0.70% at 2,530, while the Nasdaq clawed out a 0.18% gain and finished at 21,879."
"When the President's speech on Wednesday didn't give a clear timeline for the cessation of hostilities, the price of oil immediately spiked higher."
"Brent Crude finished the session at $109, up 7.78%, while West Texas Intermediate was up an astonishing 11.41% to close the day at $111.50."
Futures trading is mixed as the first-quarter earnings season approaches, with major banks set to report. U.S. indices experienced volatility, with the small-cap Russell 2000 leading gains. Treasury yields were mixed, with selling in shorter maturities and buying in longer ones. Oil prices surged following ambiguous geopolitical signals, with Brent Crude and West Texas Intermediate both closing significantly higher. The impact of rising oil prices on consumers ahead of summer driving season poses challenges for midterm elections.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]