Investing
The Russell 2000 Index soared 12% in December, which might reflect investors’ exuberance about the state of the U.S. economy — it appears the Federal Reserve has won its battle against inflation. But if you are looking to broaden your exposure to the stock market beyond the large-cap S&P 500…
An earlier version of this article misspelled the name of Real Vision CEO Raoul Pal. The story has been corrected.The first trading day of the new year looks set to challenge the Santa Claus rally theory, with stocks under pressure amid climbing bond yields. An Apple downgrade may not have…
Shares of electric-vehicle makers traded lower Tuesday, as delivery data failed to spark investor interest following a stellar 2023 for the group. The Global X Autonomous & Electric Vehicles ETF DRIV dropped 1.8%, after soaring 24.2% in 2023. The ETF underperformed the S&P 500 index SPX, which slipped 0.6% on…
Water is essential to human life, but trading in the market for the commodity has failed to show it, with a key global water index of companies operating in the sector barely higher for the year.Water futures on the Chicago Mercantile Exchange have also struggled to garner much interest three…
The Organization of the Petroleum Exporting Countries and the allies announced Wednesday they would delay their much-anticipated meeting by four days, raising speculation that the oil producers will face a more challenging path to an agreement on output levels. The group of major oil producers, known as OPEC+, will hold…
Oil futures ended lower Wednesday, but off the session’s worst levels, after reports said the Organization of the Petroleum Exporting Countries and its allies delayed a meeting previously set for Sunday amid a dispute over production levels. The Energy Information Administration reported weekly gains in U.S. crude and gasoline inventories…
Members of the Organization of the Petroleum Exporting Countries and their allies have implemented a number of reductions in oil output since late last year, but crude-oil prices still trade lower as 2023 draws to a close. In its press release, OPEC+ did not provide a reason for the delay,…
Oil prices pushed lower on Thursday, as investors grew increasingly unsettled following a decision by the Organization of the Petroleum Exporting Countries and its allies to delay a much anticipated meeting by four days. Price drivers West Texas Intermediate crude futures CL.1, -2.26% CL00, -2.26% CLF24 for January delivery fell $1.51,…
By Adriano Marchese Vertex Pharmaceuticals said its treatment Kaftrio has been approved for a label expansion to treat children with cystic fibrosis in the European Union. The pharmaceutical company said Thursday that the European Commission has granted approval for the label expansion of Kaftrio, also known as ivacaftor, tezacaftor and…
By Yusuf Khan The Organization of the Petroleum Exporting Countries said it will move its next ministerial meeting online, following its decision to delay the gathering by four days, a further sign of conflict within the oil-producing cartel. OPEC and a group of Russia-led allies had been set to meet…