Oil Breaks Out to Fresh Highs as Commodities Remain Bid
Oil prices have surged after Russia declared war on Ukraine. With further supply constraints supporting higher prices, inflationary pressures continue to rise.
Source: dailyfx.com
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Amazon.com, Inc. (NASDAQ:AMZN), Bed Bath & Beyond Inc. (NASDAQ:BBBY) - May Outlook: A Very Different May Day Than A Year Ago As Economic, Earnings Strength Eyed
Share: What a difference a year makes. Unlike last May, there’s arguably lots to look forward to as vaccinations gain steam. People are back at baseball stadiums, and the Kentucky Derby and Memorial Day picnics loom. Oh yeah, we’ve also got the April jobs report straight ahead. OK, so maybe jobs data aren’t as exciting as a famous race or a full picnic basket after a year without many fun events. Having said that, the April non-farm payrolls data scheduled for Friday, May 7, could help set the tone in a big way for stocks and bonds this coming month, which makes it more than just anothe...
Source: benzinga.com