4 min listen
A December rally seems less and less likely... November 22, 2022
A December rally seems less and less likely... November 22, 2022
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)
2: An unusual period for stock markets July 7, 2022: This is a bizarre in-between period, with investors fearing a recession, but still hoping that central banks will be able to save the day by curbing inflation. by The Market Screener