Finance

Stock Markets Group – The price of oil rose sharply during trading on Thursday, continuing the rebound that began in the previous session. After rising $ 0.43 to $ 64.44 a barrel on Wednesday, April oil futures on the New York Mercantile Exchange jumped $ 1.6 to $ 66.02 a barrel. after the U.S. Senate voted for a $ 1.9 trillion bailout package that was later signed by President Joe Biden.

The price of a barrel of Brent crude oil has been in the area of ​​highs since the end of 2018. Over a period of more than two years at over $ 71 a barrel, it has only traded for a short time, always turning down quickly. While it is worth taking seriously the concept that the world is indeed on the cusp of a new commodity supercycle, this does not negate short and painful corrections.

Stock Markets Group – As a result of trading on Wednesday, the price of gold fell after a sharp increase in the previous trading session, showing the largest increase in two months. The dollar strengthened and US Treasury yields surged ahead of the auctions, dampening the precious metal’s appeal. Spot gold slipped 0.1% to $ 1,714.81 an ounce after rising more than 2% on Tuesday. The…

The dynamics of the markets turned 180 degrees. Stock indices on Tuesday afternoon headed for growth following the shares of technology companies. Tesla’s skyrocketing 20% ​​and a 4% jump in Apple and Amazon caused the Nasdaq to rise 3.7%. The Dow Jones, by contrast, added only 0.1% and the S & P500 – 1.4%. It looks like the failure of the Nasdaq into correction territory…