Crude Oil Jul 27 (CLN27.NYM)
| Pre. Settlement | N/A |
| Settlement date | 2027-06-22 |
| Open | 65.00 |
| Bid | 64.00 |
| Last price | 68.24 |
| Day's range | 65.00 - 65.00 |
| Volume | |
| Ask | N/A |
- Yahoo Finance Video
Oil prices near two-month high over Middle East tensions
Oil prices (BZ=F, CL=F) are nearing two-month highs as signals point to an expanded potential military conflict between Israel and Hezbollah, stoking fears of further disruption to the production of OPEC+ member Iran. Yahoo Finance reporter Ines Ferré joins Catalysts to break down the movement in oil prices and what it might mean for consumers moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Yahoo Finance Video
2024 election: What Biden, Trump could mean for commodities
Presidential policies can have a ripple effect throughout the economy and broader markets. With the 2024 presidential election coming up — and the first debate happening on Thursday, June 27 — uncertainty around several sectors arises as candidates President Joe Biden and Former President Donald Trump have very different views on how to run the country. One of those markets that could shift drastically on policy alone is commodities, with crude oil (BZ=F, CL=F) and gas prices (RB=F) already facing pressure from geopolitical volatility. Blue Line Futures Chief Market Strategist Phil Streible joins Market Domination to provide insights into what investors should keep in mind with the commodity market during an election year and how each candidate may impact the market: "Energies are one of the top focuses that we're going to be watching. Under Trump, we were energy independent. We did also have a hard stance on Iran. It makes a play for lower energy prices if Trump was to come into office where we are much more dependent on OPEC, South American oil, it's very difficult for oil and gas exploration companies to get those permits to expand wells." Streible continues: "With the green energy Initiative front and center under the Biden administration, it's just really tough with the regulations in order to boost that output. So you're going to see more elevated energy prices with Biden around." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Nvidia, EU targets Microsoft, reactions to Yellen: Morning Brief
It's Tuesday in the final trading week of June 2024 and stocks (^DJI, ^IXIC, ^GSPC) are roaring to give it the old college try after tech-heavy indexes have been dragged down by Nvidia's (NVDA) recent sell-off. The Morning Brief Co-Hosts Seana Smith and Brad Smith guide investors through the market open, reporting on the leading business stories and stock trends of the day. Kace Capital Advisors Founder and CEO Kenny Polcari believes Nvidia's downturn and the market's reaction to it is "way overblown," telling the Morning Brief team that investors should focus on the chip company's long-term story. Bank of America Securities Managing Director and Chief US Economist Michael Gapen sits down to talk about US Secretary of Treasury Janet Yellen's comments on the Federal Reserve's inflation target and the likelihood of a recession made in an exclusive interview with Yahoo Finance. European Union regulators are targeting yet another tech giant, this time it's Microsoft (MSFT), alleging the company breached antitrust laws by bundling its Microsoft Teams software with other programs. Other stocks trending on Yahoo Finance include Boeing (BA) and Spirit AeroSystems (SPR), Airbus (AIR.PA, EADSY), and Carnival Corporation (CCL) as the cruise line operator reports fiscal second-quarter earnings results. Watch Yahoo Finance's full, exclusive interview with US Secretary of the Treasury Janet Yellen. This post was written by Luke Carberry Mogan.
