U.S. Stock Futures Rise Ahead of Labor-Market Data; Oil Prices Fall Ahead of OPEC+ Meeting

The Wall Street Journal2022-06-02

Crude prices fell ahead of a meeting of OPEC and non-OPEC oil producers led by Russia, at which the countries are expected to agree to boost production.Futures for Brent crude, the global oil ...

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YueShan
·2022-06-03
Ok
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AuntieAaA
·2022-06-03
ok
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WJ77
·2022-06-02
👍
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Meghaa
·2022-06-02
[smile]
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lyonliu
·2022-06-02
Great ariticle, would you like to share it?
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- Noobplayer:
  Great
  2022-06-03
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lyonliu
·2022-06-02
Great ariticle, would you like to share it?
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Catto
·2022-06-02
Gd
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W1tcw0
·2022-06-02
Ok
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W1tcw0
·2022-06-02
Ok
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Goshawk702
·2022-06-02
US market to rise today?
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terry89
·2022-06-02
Ok
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Ong2021
·2022-06-02
Ok
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Ong2021
·2022-06-02
ok
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N00b
·2022-06-02
Ok
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yeo
·2022-06-02
So how
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MrHuattt
·2022-06-02
Eshy
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The U.S. and Europe have pressed the group, dubbed OPEC+, to pump more crude, as Russia - Ukraine war has sent oil prices soaring above $100 a barrel.Some OPEC members are exploring the idea of suspending Russia’s participation in a production deal, as Western sanctions and a partial European ban begin to undercut Moscow’s ability to pump more, The Wall Street Journal reported Wednesday.Futures for the S&P 500 added 0.6% Thursday. Contracts for the tech-focused Nasdaq-100 gained 0.8% and futures for the Dow Jones Industrial Average rose 0.5%. Major stock indexes declined Wednesday in a volatile trading session to start the month.VIX fell 0.4% and VIXmain fell 1.1% separately.Gold rose 0.6% to $1860.In bond markets, the yield on the benchmark 10-year Treasury note ticked down Thursday to 2.915% from 2.930% Wednesday. Yields and prices move inversely.Investors have struggled in recent months to assess how much and how quickly the Federal Reserve will boost interest rates in a quest to temper inflation. Some money managers worry that policy tightening could slow economic growth or even tip the U.S. into a recession.Supply-chain disruptions exacerbated by the pandemic have been further hit by the war in Ukraine and China’s zero-Covid strategy. This has added to the cost of energy, food and other commodities this year.An effort to ship grain stranded by the Russia-Ukraine war showed progress Wednesday. United Nations Secretary-General António Guterres has been leading discussions on how to transport grain and sunflower oil that has been blockaded in Ukrainian ports in the Black Sea—and to get Russian grain and fertilizer to world markets.“It’s a very difficult environment. 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U.K. markets were closed for a holiday.Major indexes in Asia closed lower, with South Korea’s Kospi and Hong Kong’s Hang Seng each falling 1%. 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market to rise today?","listText":"US market to rise today?","text":"US market to rise 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