Oil selloff intensifies on Covid fears and risk of US-China intervention

The oil market has gone from booming to busting, much to the relief of inflation-weary American drivers ahead of the Thanksgiving holiday.

News: What you need to know about the markets     Oil selloff intensifies on Covid fears and risk of US-China intervention The oil market has gone from booming to busting, much to the relief of inflation-weary American drivers ahead of the Thanksgiving holiday. Read more »   The supply chain is messing with the squishy golden dumpling everyone wants An animated dumpling called "Dart," with a shiny gold chrome body that pops out of its head when you squeeze its squishy cheeks, is creating quite a stir as parents scramble to score one of this year's must-have toys. Read more »   One week until Black Friday. Investors have already loaded up the shopping carts with retail stocks It's no secret that consumers love Amazon, Walmart and Target. But they are not the only retailers that bargain-hunting shoppers — or investors — are expected to flock to during the holidays. Read more »   Two Senate Democrats urge Biden not to keep Jerome Powell at the helm of the Fed Democratic Senators Sheldon Whitehouse and Jeff Merkley on Friday came out against to keeping Jerome Powell at the helm of the Federal Reserve due to what they see as his insufficient response to the climate crisis. Read more »   Macy's stock, once left for dead, is roaring back to life In spring 2020, in the depths of coronavirus lockdowns, investors couldn't dump Macy's stock fast enough. Shares fell as low as $4.38 apiece. Read more »   Alibaba stock plunges the most since its debut in Hong Kong Shares in Alibaba plummeted in Hong Kong, after the e-commerce giant warned of slower growth this year amid China's weakening economy and Beijing's ongoing tech crackdown. Read more »

Dow Nasdaq S&P -268.97   +63.73   -6.58 35,601.98   16,057.44   4,697.96 -0.75%   +0.40%   -0.14% YTD +16.32%   YTD +24.59%   YTD +25.08%

Biggest Winners Brown-Forman Corp +3.48%   Generac Holdings Inc +2.88%   Atmos Energy Corp +2.47%   Albemarle Corp +2.46% Biggest Losers Devon Energy Corp -6.28%   Hess Corp -5.78%   Boeing Co -5.77%   Baker Hughes Co -5.77%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $75.68 -2.73 / -3.48% Gold $1,847.30 -14.10 / -0.76% 10-yr 1.54% -0.05 Euro $1.13 -0.01 / -0.77%

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