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Google Business NewsJul 04, 2022
Stock futures inch higher after another losing week on Wall Street - CNBC
Stock futures inch higher after another losing week on Wall Street  CNBCUS Futures Slip; European Stocks Gain - WSJ  The Wall Street JournalDow Futures Tick Lower Ahead of Public Holiday By Investing.com  Investing.comThe Dow just booked its worst first half since 1962. What history says about the path ahead.  msnNOWUS stocks end first day of third quarter with solid rebound  

MarketWatch MarketPulseJul 01, 2022
Oil futures settle higher, with U.S. prices up less than 1% the week
Oil futures climbed on Friday, with U.S. prices up about 0.8% for the week. "Low investment in oil discovery and the shutdown of refineries during the pandemic-induced recession of 2020 have led to a supply crunch," said Lukman Otunuga, manager, market analysis, at FXTM. "The geopolitical developments concerning Ukraine-Russia poured fuel to the fire," he said, and oil bulls "remain supported by various forces" which may push prices higher. However, "concerns over tighter monetary policy tipping the global economy into a recession may hit the demand outlook for oil, limiting upside gains." West Texas Intermediate crude for August delivery rose $2.67, or 2.5%, to settle at $108.43 a barrel on the New York Mercantile Exchange.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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