Oil Futures Jump
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U.S. ultra-low sulfur diesel futures hit the highest level since February, outpacing gains in oil and gasoline as analysts warned that diesel supply is the most exposed to the conflict in the Middle East.
U.S. stock futures have already pared about half of their overnight drop as some of the initial reaction seen across global markets has started to unwind. Oil prices have come off their highs after spiking 14%.
The major averages posted modest gains on Thursday, placing them on track for a winning week. Softer-than-anticipated inflation reports helped lift stocks.
Stock futures fell sharply early Thursday, pointing to a rocky open as Wall Street grapples with a tragic plane crash involving Dow component Boeing (BA) and digests a blockbuster earnings report from software giant Oracle (ORCL).
The June futures contract for the Cboe Volatility index, known as the VIX, is jumping 17% to 21.95 early Friday as markets take a bearish turn following Israel's attack on Iran. The VIX measures the expected volatility of the S&P 500 and tends to rise when investors become more fearful,
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Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
(Reuters) -Coinbase plans to launch perpetual futures trading in the United States, with the offering set to comply with regulatory standards outlined by the Commodity Futures Trading Commission, a top executive at the crypto exchange said on Thursday.
The Fountain Valley High graduation saw 796 seniors receive their diplomas on Wednesday at LeBard Stadium in Costa Mesa.