About $3.5 trillion of stock and index options expire today in the US; Japan and Russia keep interest rates unchanged and oil remains higher Friday comes with the prospect of a new wave of volatility, this time boosted by the expiration of futures and options on indices and stocks in the United States. The lack of clarity on the evolution of talks between Russia and Ukraine adds caution and...
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Modiv to release Q4 2021 earnings on March 23, 2022 Modiv Inc. (NYSE: MDV) gained 21.47% after confirming the release date for its Q4 and FY 2021 financial results, which will be on Wednesday, March 23, 2022. The real estate investment trust (REIT) acquires, owns, and operates a vast portfolio of single-tenant net-lease properties. The company recently announced that its board had authorized...
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Fed Day, stocks rising on back of diplomatic talks and Chinese market support; Wall Street rebounds as Russia-Ukraine talks progress Fed Day, stocks rising on back of diplomatic talks and Chinese market support Stocks in Europe and index futures in the US operate with significant rallies, while gold and oil chain falls The Federal Reserve (Fed) will be the main protagonist of the day, but...
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Marine Petroleum Trust benefiting from rising oil and gas prices Marine Petroleum Trust (NASDAQ: MARPS) was among Tuesday’s market winners, with the stock gaining 27.91%. The stock has been rising steadily in the last week as oil and gas prices continue to rise. With the rising prices, stocks in the energy sector have been trending, with both small and large-cap companies in oil production...
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by Market Updates and Alerts WAR COULD HELP BOOST BIDEN’S SPENDING PLAN, SAYS GOLDMAN SACHS The odds for US President Joe Biden’s Build Back Better spending plan have increased as a result of the war in Ukraine, according to economists at Goldman Sachs (GS). The prospect of a ban on Russian oil imports could give the legislation – and the more than $550 billion earmarked for combating...
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OIL MARKET VOLATILITY SENDS MEXCO ENERGY SHARES SOARING Mexco Energy Corporation (NASDAQ: MXC) shares jumped 84.47% despite no company-specific releases. However, the jump has been attributed to low float, considering low float stocks have gained amid growing oil volatility in recent times. Gas and oil prices have been soaring following the Russia-Ukraine conflict that has impacted...
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