New Zealand markets closed

Crude Oil Sep 24 (CL=F)

NY Mercantile - NY Mercantile Delayed price. Currency in USD
Add to watchlist
77.92+0.96 (+1.25%)
As of 07:35AM EDT. Market open.
Full screen
Loading interactive chart…
  • Yahoo Finance Video

    Small caps on the rise, commodities pressured: Market Trends

    Small-cap stocks (^RUT) are on the rise again after ending its five-day winning streak last week. This growth comes amid a number of Big Tech earnings, which have been the main market drivers so far this year. Meanwhile, commodities are under pressure as copper (HG=F) and crude oil prices (CL=F, BZ=F) continue to slip. Jared Blikre joins Asking for a Trend to break down some of the major takeaways from the trading day. For more expert insight and the latest market action, click here to watch this full episode of Asking For A Trend. This post was written by Melanie Riehl

  • Yahoo Finance Video

    VP Harris's impact on markets, earnings this week: Catalysts

    In a turn of events over the weekend, President Joe Biden has withdrawn from his 2024 re-election campaign, endorsing Vice President Kamala Harris as the potential Democratic nominee. To explore the potential impact on financial markets, Rice University Professor of History and presidential historian Douglas Brinkley joins Seana Smith and Madison Mills on today's episode of Catalysts. Former Montana Governor (D-Mt.) and co-chair of American Bridge 21st Century Steve Bullock also comes onto the program to discuss the 2024 presidential race and how Harris could win in November. Nvidia (NVDA) is currently working on a new version of its Blackwell AI chips for the China market, which would be compatible with current US export regulations, according to a report from Reuters. Shares of the company are moving higher on Monday morning. Shares of Abercrombie & Fitch Co. (ANF) are moving higher after JPMorgan upgraded the stock to Overweight from Neutral and raised its price target to $194 per share. The analyst behind the call says the brand has "successfully expanded its customer reach," as one of the reasons for the upgrade. Tech giants Alphabet (GOOG,GOOGL) and Tesla (TSLA) are set to release their latest quarterly earnings this week with investors watching closely to get any insight into how the tech sector may play out as many rotate out of Big Tech in favor of small-cap stocks (^RUT). Evercore ISI managing director and head of internet research Mark Mahaney discusses why he believes Alphabet and Uber (UBER) are top picks in the tech sector. For more expert insight and the latest market action, click here. This post was written by Nicholas Jacobino

  • Yahoo Finance Video

    CrowdStrike outage, Biden, Fifth Third Bank CEO: Catalysts

    Global IT outages caused by a CrowdStrike (CRWD) update to Microsoft Windows systems (MSFT) are rippling through major industries, causing massive issues from grounded planes to down 9-1-1 call centers. CrowdStrike management has addressed the outage as an incident related to an update, not a cyberattack. Although the CME FedWatch tool puts the probability of an interest rate cut at nearly 100% in September, there is still much uncertainty around ongoing geopolitical conflicts and the upcoming election in November. With so much that could happen in the second half of the year, investors are looking for strategies to solidify their positions. ProShares global investment strategist Simeon Hyman joined the show to break down some of the best strategies investors should consider heading into the second half of 2024. Shares of oil field services company Halliburton (HAL) fell after its second quarter revenue fell short of Street estimates. Its North America revenue declined 3% to $2.5 billion sequentially while international revenue rose 3% to $3.4 billion. Shares of Eli Lilly (LLY) are soaring after the pharmaceutical giant received regulatory approval in China for its GLP-1 weight-loss drug, Zepbound. Fifth Third Bancorp (FITB) recently posted its second quarter earnings, revealing total revenue of $2.08 billion, just below estimates of $2.12 billion. Net income available to common shareholders was $561 million, a 17% increase compared to the previous quarter. Fifth Third Bancorp CEO Tim Spence sits down with Yahoo Finance executive editor Brian Sozzi to discuss the regional bank's performance as well as how it is preparing for uncertainty related to the Federal Reserve's interest rate environment and the 2024 election. For more expert insight and the latest market action, click here. This post was written by Nicholas Jacobino