Crude-oil futures settle slightly higher Thursday amid light-trading volumes in the last trading session before Christmas, with investors watching whether a U.S. fiscal package will be signed into law by President Trump.
Long-dated U.S. Treasury rates on Thursday fell and prices gained some in thin trading, but government debt yields registered meager weekly moves in a holiday-shortened session and week.
The NBA All-Star Blake Griffin has scored a mansion in L.A.’s Brentwood neighborhood for $5,876,000. Ron Smith and David Berg of Smith & Berg Partners at Compass represented Griffin in the transaction. Jordana Leigh with Rodeo Realty represented the seller.
Wall Street is looking forward to happy holidays and a farewell to a pandemic-stricken 2020 and an embrace of a new year, with the last two weeks in December representing abbreviated sessions.
Equities have performed exceedingly well during a seasonal period that includes the year’s last five trading days and the first two sessions of the new year, in what’s come to be known as the “Santa Claus” rally.
‘With a second round of stimulus checks of $600 announced by Congress on Sunday, will the Internal Revenue Service give me a check based on my 2019 return?’
U.S. Treasury yields are slightly higher Wednesday morning as investors eye President Donald Trump’s comments that he wanted to revise the pandemic relief package.
Crude-oil futures were edging slightly higher on Wednesday, with the commodity attempting to recover from a weekly slide induced by concerns that a fast-spreading variant of the coronavirus would lead to tighter global lockdowns, hobbling energy demand.
A new strain of COVID-19 identified by researchers in the United Kingdom has set off concern about the possibility of a more infectious variant of the coronavirus moving into the U.S. at a time when cases are at all-time highs.