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BIZARRE: 97 - You Need To See This

Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street

Asian shares are t mostly higher, led by a jump on the Tokyo Stock Exchange where share prices got a boost of optimism from a new bull market on Wall Street

The Independent UK

Stock Market Today: Stocks Rise as Jobless Claims Jump, Big Tech Bounces

While many tech and tech-adjacent stocks bounced Thursday, video game retailer GameStop plunged on a C-Suite shocker.

Kiplinger

We Are Not in a Bull Market

It takes more than a 20% gain off the low to proclaim the beginning of a new bull market.

Kiplinger

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3 Oil Stocks to Watch This Week

Increased demand for oil and the recent production cuts are anticipated to push prices up. Given that the oil price tailwinds could bolster the energy industry in the foreseeable future, oil stocks Equinor ASA (EQNR), YPF Sociedad Anónima (YPF), and GeoPark Limited (GPRK), with notable fundamental strength, could be added…

StockNews.com

3 Foreign Oil Stocks to Buy for Value

Despite macroeconomic headwinds, strong global oil demand and constrained supply as Saudi signaled more output cuts could likely boost oil prices this year. Amid this, fundamentally strong foreign oil stocks BP (BP), Repsol (REPYY), and Ultrapar (UGP), currently trading at a discount, could be ideal investments. Keep reading….

StockNews.com

Human rights and regional security top the agenda as Blinken visits Saudi Arabia

US Secretary of State Antony Blinken has held "open, candid" talks with Saudi Crown Prince Mohammed bin Salman in Jeddah this Wednesday, covering bilateral issues between Riyadh and Washington, as well as international relations ranging from Iran, China and the crisis in Sudan.

Radio France Internationale

Has Saudi Arabia lost control of oil prices?

Saudi Arabia has risked divisions within Opec, inflaming tensions with the US and reigniting inflation in Europe, all in a bid to boost flagging oil prices.

The Week

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3 Energy Stocks to Add to Your Watchlist

The energy sector is expected to remain robust amid solid demand and the emergence of new oil and gas ventures. Hence, I think fundamentally strong Energy Transfer (ET), Valero Energy (VLO), and World Fuel Services (INT) could be ideal additions to your watchlist. Keep reading.

StockNews.com

Stock Market Today: Apple Stock Hits New High as WWDC Kicks Off

The blue chip tech giant unveiled its newest product, a virtual/augmented reality headset that will be sold for $3,499.

Kiplinger

Eye on oil: on oil prices and India

The softening in crude oil purchase prices has not percolated to the Indian consumer

The Hindu

Brent crude price rises after Saudi Arabia agrees to cut oil output

Price gained more than 2% on Monday morning to touch one-month high of $78.73

The Guardian - UK

Saudi Arabia slashes output further to boost oil price

VIENNA - Riyadh on Sunday announced a fresh oil output cut following a meeting of major producers aiming to prop up prices despite fears of a recession.

Bangkok Post

Opec+ to extend cuts in oil output into 2024 as prices flag

Oil cartel members reportedly agree to reduce output by a further 1.4m barrels, with oversupply a concern

The Guardian - UK

3 Value Stocks to Add to Your Portfolio

The stock market will likely remain under pressure with rising concerns about an economic slump and high-interest rates. Therefore, investors could look to add fundamentally strong stocks Novo Nordisk (NVO), Novartis (NVS), and NetScout Systems (NTCT) to their portfolios, which are trading at discounts. Keep reading….

StockNews.com

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3 Quality Stocks to Buy Today

Amid sticky inflation, tight labor market, and economic resilience, another rate hike could be in the offing. The higher interest rates and tighter lending standards could push the economy into a recession. Amid the macroeconomic uncertainty, it could be wise to buy fundamentally strong quality stocks Microsoft (MSFT), Murphy USA…

Zenger

May Jobs Data Reveals Employment Boom, Steady Wage Growth, Putting The Fed On The Fence

The employment growth has remained robust in the Month of May as the U.S. index remains unchanged.

Kiplinger

Stock Market Today: Stocks Rally on Debt Ceiling News, Manufacturing Data

A slow start turned into a strong finish for stocks thanks to encouraging debt ceiling updates and the latest economic data.

StockNews.com

3 Dividend Stocks to Watch This Week

Amid rising risks of a recession later this year and current market volatility, dividend stocks could ensure a steady income stream. Therefore, investors could consider adding fundamentally strong dividend stocks 3M Company (MMM), Dow (DOW), and Walgreens Boots Alliance (WBA) to their watchlist. Keep reading.

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Kiplinger

Is Chevron Stock Set for a Rebound?

Chevron stock received its second analyst upgrade in as many days, boosting hopes for a recovery in the lagging energy major.

ABC News

BHP admits to underpaying workers, US House votes to suspend debt ceiling, ASX finishes higher — as it happened

Mining giant BHP has admitted to underpaying nearly 30,000 employees since 2010, while the ASX has closed higher after the US House of Representatives votes to suspend the debt ceiling.

StockNews.com

The Top 3 Dividend Stocks to Buy Today

Amid persistently high inflation, rising interest rates, and other macroeconomic headwinds, the stock market is expected to remain highly uncertain in the upcoming months. Therefore, it could be wise to invest in dividend-paying stocks Amgen (AMGN), Kimberly-Clark (KMB), and OneMain Holdings (OMF) to ensure a steady income stream. Keep reading….

StockNews.com

3 Stocks Investors Are Buying for Stability

The odds of a further rate hike in June have increased due to stronger-than-expected economic figures. With the stock market expected to remain highly volatile amid growing inflationary pressures and rising interest rates, investors could consider buying fundamentally sound, stable stocks Hitachi (HTHIY), Honda Motor (HMC), and HOYA (HOCPY) for…

The Independent UK

Asian stocks sink before US Congress votes on deal to avoid debt default

Asian stock markets are lower ahead of a vote by Congress on a deal to avert a government debt default while China factory activity weakened

StockNews.com

4 June Dates to Settle Bull/Bear Debate

The bull/bear debate may finally get resolved in June by focusing on 4 key events on the economic calendar in June. Steve Reitmeister shares his views on what happens next and why the S&P 500 (SPY retreating to October lows, or lower, is the most likely outcome. Get full details…

StockNews.com

Marathon Oil Corporation (MRO) or Shell PLC ADR (SHEL): Which Stock Is a Buy?

Despite lingering macroeconomic headwinds, the energy sector is well-placed for significant growth this year. Sustained energy demand worldwide and constrained supplies are expected to boost oil and gas prices. Energy producers Marathon Oil (MRO) and Shell (SHEL) should benefit from the sector’s bright growth prospects. But which of these stocks…

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