SYND

Record Diesel Prices Pressure European Drivers, US Deliveries

An extended surge in diesel prices is challenging Wall Street bets that inflation is easing. A global shortfall of the fuel—the workhorse for much of the world economy—is straining industries from trucking to farming and adding to the pressure consumers face from higher energy prices. Europe, dependent on imports of Russian diesel that are expected …

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Stocks Trim Weekly Losses With Friday Gains

US stocks ended higher Friday after a punishing week of losses across major indices. Traders welcomed the reprieve from the brutal spring selloff that has left virtually no corner of the market unscathed. This week brought several shocks to the market. Data showed inflation is still running hot, disappointing investors. Cryptocurrencies swooned after a so-called …

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US Stocks Rise After Brutal Trading Week

US stocks were higher Friday after a punishing week of losses across major indices. Traders welcomed the reprieve from the brutal spring selloff that has left virtually no corner of the market unscathed. This week brought several shocks to the market. Data showed inflation is still running hot, disappointing investors. Cryptocurrencies swooned after a so-called …

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Apple Stock Has Broken Down. That’s Bad for the Market.

Textsize Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Manzana stock has broken below a key level. That’s an ominous sign for the broader market. Its current price—$142.56 a share—is, of course, bad for the technology behemoth. After Wednesday’s trading, Apple (ticker: AAPL) lost its No. 1 …

Apple Stock Has Broken Down. That’s Bad for the Market. Read More »

Apple Stock Has Broken Down. That’s Bad for the Market.

Textsize Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Manzana stock is in a sorry state, trading now below a price that investors couldn’t resist before—a price that felt it higher in the past several months. This new price—roughly $142 a share on Thursday—is, of course, bad …

Apple Stock Has Broken Down. That’s Bad for the Market. Read More »