inched less than 0.5% higher. The deal between OPEC allies serves marks a major de-escalation in the weeks-long oil price war between the two parties and lifted significant downward pressure on the commodity.
The agreement calls for a global production cut of 9.7 million barrels per day, landing just below the 10 million barrels per day target proposed by President Donald Trump before the meeting.Terri Spath's funds kept client money safe during the coronavirus rout, financial crisis, and tech bubble. Here's how she's done it, and how she's already prepared to make a killing in the aftermath.
Monday's stock-market decline follows the S&P 500's 12% gain last week, its best since 1974. The shortened trading week saw $2.3 trillion in fresh stimulus from the Federal Reserve, talks of a stage-four relief bill, and slowing infection rates in some of the US's largest virus hotspots.from the previous week's 6.7 million reading, bringing the rolling three-week total to an unprecedented 17 million filings.
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