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A December rally seems less and less likely... November 22, 2022
Episode 87
Published 3 years, 11 months ago
Description
Wall Street struggled yesterday, as Brent prices fell more than 5% after China implemented new lockdowns due to rising Covid cases, and following reports that Saudi Arabia supports OPEC+ increasing supplies. However, oil prices recovered today, after Saudi Arabia denied these reports. This lifted the Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures, who were all up around 0.4% this morning.
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