000 Barrel Weekly Rise
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OPEC+ Likely to Extend Output Curbs Beyond 2Q, JPMorgan Says
OPEC and its allies are likely to extend their voluntary production cuts beyond the second quarter at their upcoming meeting in June, according to JPMorgan.The Wall Street Journal - World -
S&P 500 Notches a Weekly Gain After Jobs Report
Stocks finished out the week on a strong note after a Goldilocks jobs report boosted hopes for a late-summer rate cut.The Wall Street Journal - World -
Jobs Data, Tech Stocks Power Indexes to Weekly Gains
Renewed hope for interest-rate cuts fueled a rally, though shares of some companies like TD Bank fell.The Wall Street Journal - World -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
Oil prices log worst week since February as concerns over Middle East supply risks fade
Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing demand prompting prices to register their largest weekly percentage loss since early February.MarketWatch - Business -
Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes
Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.MarketWatch - Business -
U.S. Natural Gas Futures Snap Three-Week Losing Streak
U.S. natural gas futures posted their biggest weekly gain since January, supported by reports of rising LNG feedgas flows, lower U.S. production, and forecasts for hot weather in Texas next week that should drive up demand from the power sector.The Wall Street Journal - World