Oil prices rose as much as 5 percent on Friday, lifted by fresh hopes over a proposed freeze in oil production and firm economic indicators from the United States and Germany that cast a positive light on growth in fuel demand. Russia’s oil production could fall in April, sources said, while the country’s energy minister …
U.S. stocks rose, with the Standard & Poor’s 500 Index posting the best two-day gain in more than five months, despite weakness in oil prices as beaten-down banks, technology and retailer shares led an advance. Citigroup Inc. and U.S. Bancorp climbed more than up 2.7 percent. Retailers, one of last week’s bright spots, added to …
I get it, the sky is falling. Everybody is freaking out ahead of the Fed meeting next week. Opposing sides are tussling, throwing their weight back and forth. The market upheaval has us all a bit starry eyed. Whenever I see a selloff like this unfold I can’t help but look at it a little …