Iran, Israel and stocks
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The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following Israel's attack on Iran, drawing criticism from rival OPEC which said the statement would only create fear in the market.
Many tech stocks fall outside of the traditional definition of value, but this portfolio manager says investors should adapt their thinking.
ConocoPhillips (COP), Exxon Mobil (XOM): Shares in
U.S. stocks closed lower as investors assessed little progress on trade talks, after jumping in the morning on a cooler-than-expected inflation reading. The Dow Jones Industrial Average fell 1 point to close at 42,865.77, while the S&P 500 Index lost 16.51 points to settle at 6,022.30. The Nasdaq Composite was down 99.11 points, 0.5%, to 19,615.88
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U.S. investors have never before had such a large share of their total wealth tied up in the stock market, according to a chart shared by equity strategists at Goldman Sachs Group. That share has risen to 53%,
Foreign investors have pulled $3.7 billion out of South African equities since October in the longest such streak of outflows in five years, a report showed, as the continent's biggest equity market struggles to attract international portfolio flows.
While Tesla may be unveiling its robotaxi on the streets of Austin, these five companies are leading the robotaxi revolution and haven't suffered quite the same brand damage as Tesla.
Stocks fell Friday and oil prices surged after Israel launched an attack on Iran’s nuclear program and military leadership, ratcheting up geopolitical tensions in the Middle East.These stocks were making moves:Shares in oil companies were rising as Israel’s attack on Iran sent crude prices surging.