US stocks mostly fell on Tuesday after Samsung’s (016360.KS) quarterly results sparked renewed selling in chip stocks and oil prices edged higher. The Dow Jones Industrial Average (^DJI) rose 0.4% on the heels of a record-setting day on Wall Street. However, the S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) fell 0.1% and 0.5%, respectively….
The oil majors are set for windfall earnings for the second quarter, which saw crude oil prices jump to a four-year high due to the closure of the Strait of Hormuz. The earnings at both ExxonMobil and Chevron are expected to have tripled in the April to June quarter compared to the first quarter, as…
WASHINGTON, July 6 (Reuters) – The investment industry is urging Wall Street’s top regulator to stick to its current practice of requiring quarterly reporting from publicly traded companies, according to the balance of public comment letters available on Monday. Responses to a proposal to let companies opt for semiannual reporting underscored a divide between investor…
Nigeria is trying to rebuild its energy industry from the ground up, not only trying to recover lost crude production, but working to turn itself into Africa’s dominant refining, gas, capital markets and energy export hub. The clearest test is the Dangote Refinery. The 650,000-barrel-per-day plant has already changed Nigeria’s fuel market and is now…
The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.72%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.26%. September E-mini S&P futures (ESU26) rose +0.82%, and September E-mini Nasdaq futures (NQU26) rose +1.35%. Stock indexes settled higher on Monday, with the S&P 500 posting a 2.5-week…
Railcar maker Greenbrier wrestled with the twin issues of volume and mix in the second quarter as lower railcar deliveries weighed on revenue and profits, even though cash flow stayed solid. Fiscal Q2 2026 earnings for the Lake Oswego, Ore.-based supplier (NYSE: GBX) saw weak earnings per share at $.47 versus $.89 in estimates, on…
I’ve spent more than 30 years tracking energy stocks. I can count on one hand the number of times a government decision made my pulse jump the way this one did. Earlier this year, the U.K. government handed down a quiet regulatory decision. No press conference. No headlines on the nightly news. Just a short…
Summary The major stock indices are mixed at midday on Monday, with the Nasdaq up 1.4%, the S&P up 0.73%, and the Dow Jones Industrial Average down 0.12%. . This is a quiet-before-the-storm period, as earnings season kicks off next week. Crude oil is at $69 pe
You’re buying a home and negotiating with the seller when you ask for some concessions. The seller agrees to use some of their cash to sweeten the deal. Now, it’s up to you to decide which concessions will give you the most value. Here’s what you need to know as you weigh your options. The…
The S&P 500 Index ($SPX) (SPY) today is up +0.60%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.52%. September E-mini S&P futures (ESU26) are up +0.63%, and September E-mini Nasdaq futures (NQU26) are up +1.56%. Stock indexes are moving higher today, led by strength in chipmakers and…
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