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03.04.2020 S&P 500 Daily Analysis
S&P 500 is at $2,526.90 (+2.28%) as the US Stock Market rallied because of the surge of crude oil prices. WTI crude oil had its biggest one-day
Yazar: Zack Smith
Yayınlanma: 5 Nisan 2020 14:11
Güncellenme: 8 Kasım 2024 06:41
03.04.2020 S&P 500 Daily Analysis
S&P 500 is at $2,526.90 (+2.28%) as the US Stock Market rallied because of the surge of crude oil prices. WTI crude oil had its biggest one-day surge on record when it went up by almost 25% after US President Trump hinted at a possible resolution to the Russia and Saudi Arabia oil price war. President Trump stated that he expects Russia and Saudi Arabia to announce an oil production cut of up to 10M to 15M barrels as the two countries signaled a willingness to make a deal. This surge in oil prices caused the USD to strengthen against other currencies, the USD index rose by 0.672% which then caused the US stock market to rally.İLGİLİ HABERLER
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