CNBC Daily Open: Goolsbee’s ‘golden path’ is still visible
Last month’s sudden surge in Treasury yields and oil prices — both of which tend to suppress investors’ appetite for stocks — looks to be ending.
U.S. crude oil prices fall below $78 a barrel to their lowest since July
Oil giant Saudi Aramco’s profit slides 23% in third quarter on lower crude prices, volumes
Goldman Sachs says the Israel-Hamas war could have major implications for Europe’s economy
The Israel-Hamas war could significantly impact economic growth and inflation in the euro zone unless energy prices remain contained, Goldman Sachs says.
Strait of Hormuz is in focus as Israel-Hamas war threatens to spread
One important area that market observers are keeping a close eye on is for potential impact on the world’s most important oil transit chokepoint — the Strait of Hormuz.
Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback
The oil giant announced a $3.5 billion share buyback to be carried out over the next three months.
These 10 portfolio names outperformed the stock market amid the October decline
Despite a downbeat month for stocks and mounting macroeconomic uncertainty, several Club names outperformed the market in October.
October 2023
Jim Cramer’s top 10 things to watch in the stock market Tuesday
U.S. stocks edge up in premarket trading Tuesday, as shares of Club name Caterpillar (CAT) tumble on lackluster guidance.
Oil could hit record high of $157 if Israel-Hamas war escalates further, World Bank says
Record high oil prices could be on the horizon in the event of an expansion of the ongoing Israel-Hamas war, the World Bank cautioned.
WTO chief warns Israel-Hamas war could hurt global growth if it spills over
WTO director-general warns of impact on trade if Israel and Gaza conflict were to spread to the rest of the Middle East.