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Options expiration day brings seasonal volatility to a market already spooked by $100 crude.
Tom Kloza, Founder and Chairman of Kloza Advisors and Independent Oil Analyst, says everybody still obsesses with the crude oil price, but it's the diesel price that needs to be watched. Kloza says US refineries are running at 97% to 98% of capacity.
CNBC's Jim Cramer said investors could be in for a relatively quiet week as Wall Street works its way through a historically difficult September. He highlighted Okta's analyst meeting as the week's most consequential corporate event, alongside earnings from KB Home, Cintas, Paychex, General Mills, Darden and Costco.
On Holding made a splashy entry into soccer on Friday by signing French star Kylian Mbappe, a move that raised the Swiss running shoe brand's profile as it pushes into the sport.
The Dow Industrials fell for a third-straight week, while the Nasdaq composite eked out a small gain.
US stocks ended mixed on Friday as investors wrapped up a volatile week marked by the Federal Reserve's first interest-rate hike in three years, rising Treasury yields and elevated oil prices.
Europe's oil refiners are paying high premiums for cargoes as the shutdown of Saudi Arabia's East-West pipeline forces the region's buyers to scramble for alternatives with fuel prices soaring. We take a deep dive with Rob Barnett, Senior Energy Analyst for Bloomberg Intelligence.
An options volatility tracker has produced a “spike peak” buy signal for stocks for the first time in months, at a time that internal market indicators are negative.
U.S. stocks were mixed as inflation and Middle East war trepidation offset optimism about the artificial-intelligence boom.
The Investment Committee debate how to navigate the inflation risks to the rally.
AI cloud firm Nscale filed for a U.S. initial public offering on Friday.
Nscale is looking to go public on the New York Stock Exchange under the ticker NSCL. The company spun out of a cryptocurrency mining firm called Arkon Energy.
Bastion, a stablecoin partner for Sony and enterprises, received a conditional approval from OCC to be a trust bank.
Ennis, Inc. is downgraded from Buy to Hold due to worsening industry conditions despite stable profitability. Recent acquisitions have offset organic revenue declines, but underlying demand remains weak in the US printing market. EBF maintains a debt-free balance sheet and strong cash position, supporting resilience amid sector headwinds.
A group representing carmakers and dealers warned against any deal that might allow the sale or manufacture of Chinese cars in the U.S.
