The Institute for Supply Management commented: “The increase in the composite index in July is a result of an average increase of 5 percentrage points for the Business Activity, New…
Tag: trading the news
Crude Inventories Drop By 3.7 Million Barrels
U.S. crude oil imports declined by 729,000 barrels, averaging 6.2 million bpd. Over the past four weeks, crude oil imports averaged 6.8 million bpd. Strategic Petroleum Reserve increased from 375.1…
Disney’s Streaming Success Drives Profit Surge Boosting Dow
Subscriber Growth Despite earlier guidance suggesting no new customer additions, Disney+ Core subscribers increased by 1% to 118.3 million. Hulu also saw growth, with total subscribers increasing by 2% to…
EIA Natural Gas Storage Build Of +18 Bcf Misses Analyst Expectations
Natural gas moved higher as traders reacted to the report. The inventory build missed analyst estimates despite high production levels, which continue to serve as the key bearish catalyst for…