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US stocks were mixed on Friday, with the Nasdaq 100 slightly higher, the S&P 500 about flat, and the Dow Jones Industrial Average moving lower to hit a seven-day losing streak.
Other data showed that home prices fell 0.5% in December, according to data from S&P Corelogic Case-Shiller Index. On a yearly basis, home prices rose 4.6%, lower than analysts' expectations of 4.8%.
Here's where investors worried about a stock market bubble should invest their money. In commodities, bonds, and crypto: West Texas Intermediate crude oil was up 1.88% to $69.98 a barrel.
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 ...
Core consumer prices rose more than expected, reducing chances of a 50 basis-point rate cut. Markets now expect an 85% chance of a quarter-point rate cut at the Fed's next meeting.
Oil prices dropped this week and that's hurting oil stocks.
Major indexes slipped in early-morning trading, while Treasury yields moved up. The 10-year Treasury bond yield rose three basis points to 4.242%, its highest level in about three months.
Exxon stock was down 4%, while Chevron's declined roughly 1% in mid-morning trading. Natural gas prices plummeted this past year, down roughly 34% year to date. But oil majors could benefit from ...