[Benzinga] The Last Week In A Nutshell What Happened: “U.S. stocks are closing in on record highs. But behind the scenes, uneasy investors are keeping their options open,” said Lindsey Bell, chief investment officer for Ally Financial Inc-owned (NYSE: ALLY) Ally Invest. “They’ve bought gold at a historical pace, boosting the metal’s price to nine-year […]
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[The Motley Fool, Getty Images] Bigger isn’t always better, but five experts think in this case, it certainly is. Investors have signaled their optimism, making April one of the best months in market history; the SPDR S&P 500 ETF Trust (NYSEMKT:SPY) is off only 9.3% since the beginning of 2020, even with the economy […]
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New York (CNN Business) The American oil industry is facing a doomsday scenario. The coronavirus pandemic has caused oil demand to drop so rapidly that the world is running out of room to store barrels. At the same time, Russia and Saudi Arabia flooded the world with excess supply. That double black […]
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