US vaccination pace holds above 3 million shots per day for two weeks straight (SPY +0.6%). More wealthy investors are going to cash, but millionaire bears are still in the minority
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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.
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OPEC+ Unlikely To Drastically Change Oil Pact Next Week The OPEC+ group is unlikely to make any material changes next week to the plans to ease the production cuts over the next three months, Russias Deputy Prime Minister Alexander Novak told reporters in Moscow on Wednesday. OPEC+, which decided on April 1 to gradually return over 1 million barrels per day (bpd) on the market between May and July, has the next meetings of the Joint Ministerial Monitoring Committee (JMMC) and the ministers
Nasdaq futures decline as Netflix shares tank, SP 500 little changed (SPY -0.2%). Stocks making the biggest moves after the bell: Netflix, CSX, Tenet Health.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Why Natural Gas Wont Be Replaced Anytime Soon Gas will be a repeat of coal but quicker. When we look at power generation, you can see that going really, really quickly. This is what the head of company search at the Carbon Tracker Initiative told Bloomberg this month in comments on the future of natural gas in Europe, as news outlet reported that some large European utilities are having trouble finding buyers for their gas-fired plants. The report cites Spanish Iberdrola as struggling to find buyers for gas plants. It also cites Italys Enel as planning t