U.S. crude and gold are off the last five days with oil skidding 9.53% and gold losing 1.02%.U.S. equity futures traded cautiously Thursday morning, the day after stocks fell for a fifth day.West Texas Intermediate crude futures traded around $72.00 per barrel.Gasoline prices slipped Thursday morning to below where they were a year ago.A year ago, the price for a gallon of regular gasoline was $3.343.
Wall Street ended a wobbly day of trading with more losses Wednesday, with the S&P 500 down 0.2% in its fifth straight loss. The Nasdaq composite, which is heavily weighted with tech stocks, fell 0.5% and the Dow industrials were flat.It has been a long strange trip involving pain at the pump.That is below where the price was 12 months ago.Diesel has declined to $5.00 per gallon, but that is still a far cry from the $3.612 of a year ago.
Good...it is hard watching our retirement going down the drain
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
STOCK MARKET NEWS: S&P falls for fifth day, recession warnings mount, Carvana shares craterInvestors stay cautious as recession warnings mount, Southwest Airlines reinstates dividend and Toll Brothers shares gain on higher revenue despite housing slowdown. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Great Depression imminent Buy the dip! Another rate hike next week! It’s going to do wonders for car loans mortgages and credit cards! This administration is going to bring us a recession for the New Year! Hats and Horns You go Joe!
Source: FoxBusiness - 🏆 458. / 53 Read more »
5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market bulls just might be backMost investors think we're either in a recession already or that one is inevitable — but that doesn't mean they're pessimistic when it comes to the markets. What goes down eventually goes back up………
Source: axios - 🏆 302. / 63 Read more »
SEC to consider rules that could reshape how the stock market operates.Agency has set Dec. 14 meeting to consider advancing four proposals to improve efficiency for investors Should dark pools be eliminated?
Source: MarketWatch - 🏆 3. / 97 Read more »
Asian Stock Market: Extend losses as US recession fears soar, oil seeks support, China CPI eyedAsian Stock Market: Extend losses as US recession fears soar, oil seeks support, China CPI eyed – by Sagar_Dua24 Asia Inflation China Recession Oil
Source: FXStreetNews - 🏆 14. / 72 Read more »
The stock market is trapped in a clear downtrend, and the situation could get worseStocks have lost short-term upside momentum, and now the market looks stuck in a longer term downtrend with no end in sight. Democrat Fascists will only make it worse! But Cramer said it was fine 🙂 Wegoin back to the moon!
Source: CNBC - 🏆 12. / 72 Read more »