Energy stocks have outperformed other sectors thanks to natural gas, driven by cold weather, pipelines, and midstream companies. Amid expectations of stock buybacks and dividend hikes, investors have rotated into the Energy sector. Plains All America Pipeline, Baker Hughes, and MPLX have posted strong gains, while ExxonMobil, Chevron, and BP have also seen increases.
Published on: February 20, 2025, 07:02 PM UTC
Quantum computing stocks surge after Microsoft unveils new chip, signaling progress in the field.
Published on: February 20, 2025, 02:00 PM UTC
Fed's Bostic: Rate Cuts Still on the Table as Economy, Trump Policies Assessed
Published on: February 20, 2025, 09:01 AM UTC
The yen has surged against the dollar, reaching its strongest level since December. Market speculation is growing that the Bank of Japan will raise interest rates sooner than expected, buoying the yen and pushing government bond yields higher. Data showing strong GDP growth and rising wages in Japan has supported the BOJ's case for rate hikes.
Published on: February 20, 2025, 08:00 AM UTC
Goldman Sachs says Ukraine ceasefire and sanctions relief unlikely to increase Russian oil flows, as production is limited by OPEC+ target and not sanctions.
Published on: February 19, 2025, 07:00 AM UTC