Oil prices rallied 5% to over $121 a barrel and natural gas futures also jumped. While higher oil prices benefit energy shares, they are a negative for consumers and many businesses. The S&P 500 energy sector rose 1.7% and utilities gained 0.2%, while all of the other major S&P 500 sectors were lower on the day.
Macro Trend
Monetary policy, various types of price indices... Here is everything about the macro economy!
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