Stocks closed modestly higher as Wall Street recovered some of this week’s steep losses ahead of a highly anticipated speech by the Federal Reserve chair later this week. The S&P 500 ended 0.3 percent higher Wednesday. The Dow Jones Industrial Average and Nasdaq also inched higher. Trading has been quiet the last two days ahead…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 24)
Benchmark U.S. crude oil for October delivery rose $1.15 to $94.89 a barrel Wednesday. Brent crude for October delivery rose $1 to $101.22 a barrel. Wholesale gasoline for September delivery fell 13 cents to $2.80 a gallon. September heating oil rose 17 cents to $4.01 a gallon. September natural gas rose 14 cents to $9.33…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 23)
Benchmark U.S. crude oil for October delivery rose $3.38 to $93.74 a barrel Tuesday. Brent crude for October delivery rose $3.74 to $100.22 a barrel. Wholesale gasoline for September delivery rose 4 cents to $2.93 a gallon. September heating oil rose 6 cents to $3.84 a gallon. September natural gas fell 49 cents to $9.19…
How Major US Stock Indexes Fared Tuesday Aug. 23, 2022
Stocks drifted to a mixed close on Wall Street, as steadying Treasury yields help calm the market following its worst tumble in months. The S&P 500 slipped 0.2 percent Tuesday. It’s coming off Monday’s 2.1 percent drop, which came on the heels of its first losing week in the last five. Volatility has returned to…
How Major US Stock Indexes Fared Monday Aug. 22, 2022
Stocks fell broadly on Wall Street, extending the market’s losses amid worries about inflation and the path ahead for the economy. The S&P 500 shed 2.1 percent Monday, its biggest drop since mid-June. Some 95 percent of stocks in the benchmark index lost ground. It finished in the red last week, breaking a four-week winning…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 22)
Benchmark U.S. crude oil for September delivery fell 54 cents to $90.23 a barrel Monday. Brent crude for October delivery fell 24 cents to $96.48 a barrel. Wholesale gasoline for September delivery fell 13 cents to $2.89 a gallon. September heating oil rose 8 cents to $3.78 a gallon. September natural gas rose 34 cents…
The Start of the 2022 Housing Crash
Empty homes have started to pile up across the country. Inventory is surging, along with price cuts in cities least expected. Counties where there has been a large influx of buyers—such as in Tampa, Fla.; Dallas, Tex.; and Phoenix, Ariz.—are now seeing a large influx in inventory. The housing market is in bubble territory due…
Investing: How Many Stocks Should You Own?
By James K. Glassman From Kiplinger’s Personal Finance The U.S. market as a whole has produced average annual returns of about 10 percent over the past century, but it doesn’t go up 10 percent every year. In roughly one out of four years, it declines—sometimes a lot. History shows that markets bounce back. But enduring…
How Major US Stock Indexes Fared Friday Aug. 19, 2022
Technology stocks led Wall Street lower, leaving major indexes in the red for the week. The benchmark S&P 500 index gave back 1.3 percent Friday, breaking a four-week winning streak. The tech-heavy Nasdaq composite fell even more. The Dow Jones Industrial Average also fell. Meme stock Bed Bath & Beyond plunged after the high-profile activist…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 19)
Benchmark U.S. crude oil for September delivery rose 27 cents to $90.77 a barrel Friday. Brent crude for October delivery rose 13 cents to $96.72 a barrel. Wholesale gasoline for September delivery fell 1 cent to $3.02 a gallon. September heating oil rose 5 cents to $3.70 a gallon. September natural gas rose 15 cents…
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