Middle East tensions may attract speculative waves in crude oil prices

August 10, 2024

Oil prices declined amid global recession fears, though losses were limited by potential Middle Eastern supply disruptions and US inventory drawdowns. Weak economic data from the US, China, and Europe heightened concerns. Geopolitical tensions and OPEC Plus production policies further influenced the market, while reduced Chinese demand and refinery activity added to the fluctuations.

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S&P 500 ends higher as Oracle reignites AI rally; Boeing drops

The S&P 500 saw gains on Thursday. Oracle’s positive AI forecast boosted market confidence. Tech giants like Microsoft and Nvidia also experienced growth. However, Boeing

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Positive Breakout: These 3 stocks cross above their 200 DMAs

In the Nifty500 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 12, according to stockedge.com’s technical scan data.

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