Oil prices fell, giving back some of the gains from the previous day as attacks in the Middle East raised concerns about the war starting again.
Category: Stocks and Bonds
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Oil Prices Slide but Remain Elevated as Middle East Tensions Escalate
The New York Times – Business: -
Oil Prices Fall While Stock Futures Inch Up
The New York Times – Business:Oil prices fell and futures on the S&P 500 rose slightly on Sunday as investors reacted to continued uncertainty about the war in Iran.
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Oil Cools Slightly After a 4-Year High
The New York Times – Business:The price of Brent crude, the international benchmark, dipped more than 2 percent a day after it rose above $120 a barrel in volatile trading.
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Stocks and Oil Prices Sent Conflicting Signals in April Amid Havoc of Iran War
The New York Times – Business:Energy markets remained disrupted by turmoil in the Middle East, while the S&P 500 posted its best month since November 2020.
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Why So Many People Already Own Shares of Elon Musk’s SpaceX
The New York Times – Business:Even before the rocket company holds a major initial public offering, many people own stock in it through so-called special purpose vehicles.
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Oil Prices Soar as Iran Standoff Shows No End in Sight
The New York Times – Business:Oil prices push higher, approaching another wartime high, as President Trump asserted that the naval blockade of Iran’s ports would persist.
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Bill Ackman’s I.P.O., Pershing Square USA, Raises $5 Billion
The New York Times – Business:The initial public offering of Mr. Ackman’s new fund, Pershing Square USA, raised $5 billion.
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U.S. Gas Prices Climb Further as Effects of War Reverberate
The New York Times – Business:The national average price of a gallon of gasoline hit $4.23, following oil prices upward as supplies from the Middle East remain disrupted.
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Oil Prices Jump Again as U.S.-Iran Talks Appear Deadlocked
The New York Times – Business:Investors parsed reports that President Trump told advisers that he was not satisfied with Iran’s latest proposal to reopen the Strait of Hormuz.
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Muted Reaction as Oil and Stock Markets Reopen
The New York Times – Business:Oil prices rose and stocks fell after President Trump called off a trip to Pakistan by two U.S. negotiators for peace talks with Iran.
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Ignoring the War Has Been Working for Long-Term Investors
The New York Times – Business:The U.S. stock market’s quick rebound this month may be fragile, but riding out the market’s disconcerting waves has been a sound strategy.