Written by GaryMarkets closed down with the DOW down 0.44%, Nasdaq down 0.09, and the S&P down 0.18. Gold marginally down at $1,891.30, WTI also marginally down at $69.72, and Bitcoin recovering somewhat to $36,255. The dollar strengthen insignificantly. It appears investors are awaiting the consumer price index results tomorrow.
Consumer prices soar to 0.6%, CPI shows, and shove rate of inflation to a 13-year high (SPY +0.2%). Jobless claims drop to a post-pandemic low of 376,000.
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.
The Fuel Of The Future Thats 9 Times More Efficient Than Lithium The worldwide shift toward cleaner, greener energy sources once again appears to be picking up speed. While the worlds focus on climate change understandably took a backseat to the Covid-19 pandemic for most of the past 18 months, that focus on climate change has started to return in a powerful way. In fact, our transition into a post-pandemic environment is triggering a number of significant opportunities in the green energy space. Much of the early attention of the clean energy movement was
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.
Shell Looks To Accelerate Emission Cuts After Court Ruling Shell is looking at ways to cut emissions by more than it has planned, although it disagrees with the recent Dutch court ruling and plans to appeal, chief executive officer Ben van Beurden said on Wednesday. Two weeks ago, the District Court in The Hague ordered the oil supermajor to slash its carbon emissions by 45 percent by 2030 in a landmark ruling in a climate case brought by environmentalists that could set precedents for other oil companies. The court orderedShell to slash net carbon emissions by 45 percent within ten years and start
Written by GaryOil could reach $80 this summer (SPY +0.2%). Stocks making the biggest moves in the premarket: Clover Health, Campbell Soup, Lordstown Motors.