Tuesday, April 20, 2021

Oil prices went negative a year ago. Now the glut is gone

Panic gripped the energy market last spring as a frightening realization dawned on oil traders: The world was rapidly running out of space to store excess crude.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
Oil prices went negative a year ago. Now the glut is gone
Panic gripped the energy market last spring as a frightening realization dawned on oil traders: The world was rapidly running out of space to store excess crude. Read more »
 
Homes in Black neighborhoods are undervalued by $46,000 on average
A pair of recent real estate studies are shedding light on how people of color have been consistently disadvantaged in the US housing market for years and are largely missing out on the country's ongoing home-buying frenzy. Read more »
 
Coal miners join climate activists to back Biden's $2 trillion infrastructure plan
Coal country is in free fall and is pleading for help from Washington. That's why largest union in one of the dirtiest industries is broadly backing President Joe Biden's $2 trillion green infrastructure package -- an ambitious plan that has also won support from climate activists. Read more »
 
Elizabeth Warren invites billionaire rival Leon Cooperman to testify on her wealth tax
Democratic Senator Elizabeth Warren wants Leon Cooperman to testify on her proposed wealth tax, which the billionaire has slammed as "foolish." Read more »
 
Kobe Bryant's estate ends nearly two-decade deal with Nike
The nearly two-decade relationship late basketball player Kobe Bryant and Nike has ended. Read more »
 
Boeing won't force CEO Dave Calhoun to retire just because he'll be turning 65
Dave Calhoun, Boeing's CEO for the company's worst year ever, will get to stay around to try to lead the aerospace giant's rebound for the foreseeable future. Read more »
 
 
 
 
Dow Nasdaq S&P
-256.33   -128.50   -28.32
33,821.30   13,786.27   4,134.94
-0.75%   -0.92%   -0.68%
YTD +10.50%   YTD +6.97%   YTD +10.09%
 
Biggest Winners
Kansas City Southern +15.25%
 
International Business Machines Corp +3.79%
 
Dover Corp +3.15%
 
Clorox Co +2.98%
Biggest Losers
Albemarle Corp -5.70%
 
Occidental Petroleum Corp -5.46%
 
Ford Motor Co -5.45%
 
Marathon Oil Corp -4.89%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $62.36 -0.31 / -0.49%
Gold $1,778.70 +0.30 / +0.02%
10-yr 1.56% -0.04
Euro $1.20 -0.00 / -0.06%
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNowFeedback@turner.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNowFeedback@turner.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2021 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

Private investors pour $50 billion into booming sector… investment opportunity

Unstoppable megatrend driven by hundreds of billions in government spending ...