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At roughly $70.60 per barrel, crude oil today costs 9% less than it did just a week ago. Worse news for investors, about half of that decline arrived today, with WTI prices dropping 4.5%.
Tuesday is looking like a bad day to be invested in oil stocks, as downbeat news in the oil sector takes a toll on shares of oil majors ExxonMobil (NYSE: XOM), ConocoPhillips (NYSE: COP), and BP ...
The 1987 stock market crash, or Black Monday, is known for being the largest single-day percentage decline in U.S. stock market history. On Oct. 19, the Dow fell 22.6 percent, a shocking drop of ...
The last couple of years have been strong for the stock market, with the S&P 500 (SNPINDEX: ^GSPC) surging by just over 70% since late 2022, as of this writing. Just over 30% of U.S. investors are ...
There's good and not-so-good news about the future of the stock market. The not-so-good news is that it's impossible to predict exactly what the market will do. ... the COVID-19 crash in 2020, and ...
Soon after trading began, a Level-1 trading curb was triggered on major US stock markets due to increased selling, leading to a 15-minute halt on trading. [234] Level-1 circuit breaker is triggered with a fall of 7% on the S&P 500. The trading halt occurred after the markets reached a drop of 7.2 percent within 15 minutes.
Given the extensive exposure many people have to the stock market through their retirement savings, a stock market crash could indeed be devastating. ... CBS News reported that 401(k) and IRA plan ...
In the oil market, the price for a barrel of U.S. crude rose 2.8% to $71.03 after Saudi Arabia and other oil producers said they would delay plans to increase the amount of crude they produced ...