Gasoline futures jump to highest in nearly 3 years on pipeline cyberattack (SPY +0.1%). U.S. Covid cases down 30% over past two weeks and the dollar is sliding after the 'horrible' April jobs report.
Here is the current market situation from CNN Money
North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
The Future Of U.S. LNG: Only The Biggest Will Survive
Liquefied natural gas was a big thing a couple of years ago in the United States. With so much cheap gas coming out of the ground thanks to hydraulic fracturing, the U.S. had more than enough not just for its domestic needs but also for gas-thirsty neighbors and far-off buyers such s China and South Korea. LNG was to be one of the weapons of U.S. energy dominance during the Trump administration, and indeed, Washington did what it could to motivate more export capacity. Planned LNG terminals dotted the map of the Gulf Coast and moved fast to final