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Wall Street rally lifts Nasdaq 20% from low as inflation fears to ebb

Wall Street rally lifts Nasdaq 20% from low as inflation fears to ebb

The Fed is now expected to achieve a 50 basis point hike in September Consumer price growth slows in the United States in July Musk sells Tesla shares worth $6.9 billion Volatility index closes at four-month low NEW YORK, Aug 10 (Reuters) – Wall Street surged on Wednesday, putting the Nasdaq more than 20% above …

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Oil drops to near 6-month lows after surprise U.S. crude oil and gasoline builds

Oil drops to near 6-month lows after surprise U.S. crude oil and gasoline builds

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Join now for FREE unlimited access to Reuters.com Register U.S. crude and gasoline inventories rise unexpectedly – EIA OPEC+ decides on a small increase of 100,000 bpd in production …

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