Traders revise oil stock data
Key points: Oil prices resumed their rise after two days of declines. US oil inventories unexpectedly increased. Forecasts for rate cu…
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The Dow led the way in the latest session
Key points: All three major US stock market indices are on track for quarterly growth. The Dow Jones is less than 1% away from 40,000.…
The yen weakens sharply amid rate changes
Key points: The yen hit a 34-year low against the US dollar. Japanese authorities are concerned about “disorderly and speculativ…
Dow and S&P decline for third session straight
Key points: American stock indices fell for the third session in a row amid a short work week. Tesla shares rose 4% over the week. The…
Confectioners try to cope with the cocoa crisis
Key points: Cocoa bean prices have tripled in a year, and West Africa’s cocoa bean harvest is falling. US Easter candy sales are…
United Airlines shares fell 3.4%
Key points: United Airlines shares fell 3.4% after the FAA stepped up oversight of the carrier. Over the next few weeks, the FAA will …
The S&P 500 is up 2.3% since the start of 2024
Key points: S&P 500: minimal swing on Friday, but biggest weekly gain since early 2024 (+2.3%). Traders see a 71% chance of a June…
Cocoa rally boosts hedge funds
Key points: Trend-focused hedge funds posted an average return of 9%. The top 10 trend funds with high volatility showed a return of 2…