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Oil Prices Running Higher And These 3 Stocks Are Winning
Oil prices are just starting to gush higher. Last trading at $64.85, oil could rally back to $70 with growing optimism over US-China trade talks. In fact, if a deal can be reached, there’s hope it will boost the global economic outlook and fuel demand.
Oil prices leap 7% and stocks fall on worries about what will happen to the crude market
That sent the yield on the 10-year Treasury up to 4.43% from 4.36% late Thursday. Higher yields can tug down on prices for stocks and other investments, while making it more expensive for U.S. companies and households to borrow money.
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Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil pricesCrude oil prices tumbled after OPEC+ agreed to expand production further. U.S. stock market futures dipped Sunday night, putting the S&P 500's winning streak at risk after the broad market ...
NEW YORK (AP) — Stocks closed lower on Wall Street Monday, breaking a nine-day winning streak, as oil prices hit a four-year low after the OPEC+ group announced plans to increase output. The ...
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