-
US stocks edged higher Monday after President Trump extended his administration’s social-distancing guidelines to April 30, with investors continuing to gauge the fallout from the relentless spread of the coronavirus. The Dow Jones industrial average rose as much as 532.35 points, or 2.4 percent, by midday, while the S&P 500 and Nasdaq Composite increased as …
-
Oil prices rose on Friday as the world’s richest nations poured unprecedented aid into the global economy to stop a coronavirus-driven recession and U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia. Brent crude futures LCOc1 were up $2.12, or 7.4%, at $30.59 a barrel by 1012 …
-
Tesla stock is being battered along with the rest of the market, but how significantly will the crash in the price of oil impact the electric-car company? Alternative fuel plays almost always head south when oil gets cheaper, and that is likely to be exacerbated if consumer spending contracts. Will 2020 go down as the …