11Feb2021 Midday Update: Wall Street In The Green, DOW Flat +10 Points At 12 Noon ET, Nasdaq +0.5%, WTI Crude 58.52, Bitcoin At 47870
Jobless claims worse than expected as pandemic-related filings surge (SPY +0.2%). DOW records new historic high then slips to the unchanged line. Here is the current market situation from CNN Money North and South American markets are mixed today. The Bovespa is up 1.09% while the S&P 500 gains 0.18%. The IPC is off 0.46%. What Is Moving the Markets Here are the headlines moving the markets. IEA: OPEC+ To Further Ease Cuts Amid Quickly Drawing Oil Stocks While the oil market rebalancing looks fragile in the first quarter of 2021, global oil stocks are expected to rapidly draw down in the s...