U.S. stocks rose, retreating from morning highs, as investors sifted through data and comments about the jobs market and inflation. The S&P 500 climbed 0.4% in afternoon trading, while the Dow Jones Industrial Average rose 0.1%. The technology-focused Nasdaq Composite Index was 0.4% higher. The three indexes were higher in the morning, with the Nasdaq … Read more
WASHINGTON—The Biden administration plans to temporarily allow high-ethanol content gasoline to be sold in the hot summer months in a bid to tame high fuel prices at the pumpaccording to senior administration officials. The decision will allow gasoline with 15% ethanol to be sold between June 1 and Sept. 15. Normally only a 10% ethanol … Read more
According to data released by the China Federation of Logistics and Purchasing on the 5th, the China Commodity Index (CBMI) in March was 100.9%, an increase of 0.1 percentage points from the previous month, indicating that the current domestic commodity market demand has rebounded, and the industry is expected to continue to improve. Procurement, production … Read more
Summary [Bank of America: Commodity prices will see biggest gain in 107 years this year]March 26, Bank of America wrote on Friday that commodity prices are on track for their biggest gain in more than a century, while fixed-income assets have seen their biggest gains since the global The longest round of outflows since the … Read more
Oil prices jumped, while global stocks and U.S. futures fell, after Russian President Vladimir Putin ordered troops into two breakaway areas of Ukraine, bringing fears of all-out war to their highest level so far. U.S. stock futures fell, putting indexes on course for losses when markets reopen following the Presidents Day holiday. Futures on the … Read more
Amidst the talk about the tendency to raise the customs dollar, attention turned to an active and efficient sector that would witness an increase in prices due to its definitive link to the dollar. This sector includes shops and establishments selling auto parts of all kinds, and is considered essential in the commercial field, and … Read more