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A December rally seems less and less likely... November 22, 2022

A December rally seems less and less likely... November 22, 2022

FromThe Market Screener


A December rally seems less and less likely... November 22, 2022

FromThe Market Screener

ratings:
Length:
7 minutes
Released:
Nov 22, 2022
Format:
Podcast episode

Description

Wall Street struggled yesterday, as Brent prices fell more than 5% after China implemented new lockdowns due to rising Covid cases, and following reports that Saudi Arabia supports OPEC+ increasing supplies. However, oil prices recovered today, after Saudi Arabia denied these reports. This lifted the Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures, who were all up around 0.4% this morning.
Released:
Nov 22, 2022
Format:
Podcast episode

Titles in the series (100)

Here's the audio version of the daily Wall Street column of Marketscreener, to take the temperature of financial markets every morning at the opening of the stock exchange.