02Mar2021 Market Close: Stocks End Lower As Tech Shares Lead Pullback, DOW Closes Down 144 Points, Nasdaq Closes Down -1.7%, WTI Crude Slips To 59.61, Bitcoin Steady At 47800
Real-world data shows Pfizer's Covid vaccine is giving very strong results after one dose (SPY -0.8%). The Market in Perspective Here are the headlines moving the markets. What To Expect From The Upcoming OPEC+ Meeting After breaking the $50 barrier last year, oil prices are currently trading above $60. The major drivers behind this rally include the rise in vaccination rates and the 1 million bpd new year surprise cut from Saudi Arabia, in addition to continued high compliance from OPEC+. Other factors include a slowdown in US oil production, with the number of oil rigs in the US remainin...
Source: econintersect.com
