Friday, 20 April 2018

Surging oil prices rattle President Trump

Trump's Twitter attack on OPEC shows how the oil market has caught him in an awkward spot between pro-business instincts and populist tendencies.
CNNMoney Markets Now
 
Dow Nasdaq S&P
-201.95   -91.93   -22.99
24,462.94   7,146.13   2,670.14
-0.82%   -1.27%   -0.85%
YTD -1.04%   YTD +3.52%   YTD -0.13%
 
Biggest Winners
Regions Financial Corp +4.08%
 
Xerox Corp +3.99%
 
General Electric Co +3.93%
 
H & R Block Inc +2.92%
Biggest Losers
Stanley Black & Decker Inc -6.70%
 
Church & Dwight Co Inc -5.91%
 
Nielsen Holdings PLC -4.78%
 
L Brands Inc -4.39%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $68.09 -0.24 / -0.35%
Gold $1,338.00 -10.80 / -0.80%
10-yr 2.95% +0.04 / +1.27%
Euro $1.23 -0.01 / -0.44%
News: What you need to know about the markets
 
 
Surging oil prices rattle President Trump
Trump's Twitter attack on OPEC shows how the oil market has caught him in an awkward spot between pro-business instincts and populist tendencies. Read more »
 
Apple sinks on fears of slowing iPhone sales
Shares of Apple fell more than 3% Friday and are down for the whole week too. Worries of soft demand for iPhones --particularly the iPhone X -- hit chip stocks hard too. But Amazon, Netflix and other big techs are still up for the week. Read more »
 
Has GE finally turned a corner?
General Electric is finally giving demoralized shareholders and employees a reason for hope. Read more »
 
Porsche exec arrested over Volkswagen's 'Dieselgate'
Police have arrested a senior manager at Porsche in Germany in connection with an investigation into fraud and rigged diesel emission tests. Read more »
 
Is MoviePass too good to be true?
Shares of Helios and Matheson Analytics, the majority owner of MoviePass, are tanking on worries about its ability to survive. MoviePass is losing money but Helios and Matheson Analytics is confident in the long-term strategy. Read more »
 
Wells Fargo fined $1 billion for insurance and mortgage abuses
It is the harshest action taken by the Trump administration against a Wall Street bank. Read more »
 
 
 
 
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