Post Tagged with: "rises"

Source: Reuters

Dow rises more than 200 points to record, Nasdaq tops 13,000 for the first time

CNBC


Stocks rose to all-time highs on Thursday as Congress confirmed the election of Joe Biden as president and traders looked past the unrest in Washington.

The Dow Jones Industrial Average advanced 221 points, or 0.7%. At one point, the …

January 7, 2021 - 2:00 pm Closing Bell Story‎, Finance
Oil’s Post-Crash Bounce Fades as Buy-the-Dip Proves a Bust: Kemp

Oil’s Post-Crash Bounce Fades as Buy-the-Dip Proves a Bust: Kemp

From Reuters


Oil prices have continued to drift lower after plunging last week, highlighting the risk for traders trying to exploit mean-reversion strategies by buying futures contracts after a sharp fall in prices.

Front-month Brent futures prices tumbled by more …