USO

Wall Street Lunch: Here Comes The Stagflation Debate

U.S. Q1 GDP fell to an annual pace of 1.6%, the slowest pace in 2 years, as inflation came in hot. Southwest Airlines posts a slightly wider loss; Altria’s revenue fell 2.5% Y/Y. Wall Street analysts rush to defend Meta stock. Here comes the stagflation debate.

Meta Falls 15% On Great Earnings, Tesla Rises 12% On Ugly Earnings – Here Is The Real Reason

The Power of Market Mechanics: Meta Platforms Inc (NASDAQ:META) reported excellent earnings, but the stock fell 15%. Tesla Inc (TSLA) jumped up on heavy AI spending, but Wall Street's positioning was negative. The momo crowd is buying the momo stocks in the early trade. Today's auction of $44B of seven year Treasuries indicates stagflation may be coming.

Hamas Official Sami Abu Zuhri Says Hamas Will Not Be Swayed By U.S. Pressure On Issue Of Gaza Hostages

Energy Sector Update for 04/25/2024: XLE, USO, UNG, HP, VIST

Asia Markets Mixed, Europe Dips; Copper Prices Rise On BHP's Buyout Offer To Anglo American - Global Markets Today While US Slept

The U.S. Stock markets closed mixed on Wednesday as the S&P 500 closed higher. The Dow fell, but the Nasdaq rose, with consumer staples and real estate sectors leading gains. Japan's Nikkei 225 index closed down 2.16% on Thursday. European stocks dipped as investors reacted to mixed earnings from major companies.

Commodity Roundup: Oil, gold firm ahead of U.S. GDP data, natgas down

Oil prices rise on fears of a wider conflict in the Middle East. Israel said it plans assault on Hamas hold-outs in Rafah. Brent crude futures rise 0.15% to $88.03 a barrel. Spot gold trading higher ahead of U.S. GDP data, natgas down.

Top oil ETF slammed with record outflow as geopolitical fears fade

Top oil ETF slammed with record outflow as geopolitical fears fade. U.S. Crude oil futures close lower as gasoline demand for gasoline outweighs the first drop in commercial crude supplies in five weeks. The biggest oil fund posted its largest daily outflow on record Wednesday. Crude prices lost some of the geopolitical premium.

Yemen's Houthis Say They Targeted 'MSC Veracruz' Israeli Ship In Indian Ocean