by eliteusmarkets101 | May 27, 2022 | Market Update
The three major US stock indexes rose today after the Federal Open Market Committee’s May meeting minutes showed that it is appropriate to raise interest rates by half a point in the upcoming meetings in June and July. Shares of Amazon rose 2.6%, Tesla rose...
by eliteusmarkets101 | May 10, 2022 | Market Update
The US Department of Labor said that US productivity, which measures production per hour worked for each worker, fell by 7.5% in the first quarter of this year, the largest decline since the third quarter of 1947, compared to 6.3% in the fourth quarter of last year....
by eliteusmarkets101 | May 10, 2022 | Market Update
Oil prices rose today after the European Union announced its plans to phase out Russian oil imports, as Europe imports about 3.5 million barrels of oil and Russian oil products daily and also depends on Russian gas supplies. Brent crude futures rose $5.17, or 4.9%, to...
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