(Bloomberg) — Stocks remained close to their highest levels in about a month, with investors at crossroads about how much further the market can sustain the rebound from April’s selloff. Equities are set for a consolidation amid stretched positioning, according to JPMorgan Chase & Co. strategists. A pair of contrarian sentiment indicators from Bank of…
Markets today: Stocks to follow U S rally on rates optimism bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Oil rally stokes inflation worries; U S stocks slip bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Oil prices pushed closer to $100 a barrel, stoking expectations interest rates will stay higher for longer and keeping pressure on global markets. The US benchmark oil price briefly surpassed $95 a barrel for the first time in more than a year and Brent traded near $97 after a drop in stockpiles at a major