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Benzinga 08/23/2019 12:49
Midway through trading Friday, the Dow traded down 1.73% to 25797.95 while the NASDAQ fell 2.17% to 7818.33. The S&P also fell, dropping 1.8% to 2870.40. Leading and Lagging Sectors. Utilities shares slipped by just 0.3% on Friday. Meanwhile, top gainers in the sector included UGI Corporation (NYSE: ), up 1%, and NextEra Energy, Inc. (NYSE: ), up 0.5%. In trading on Friday, information technology shares fell 2.4%. Top Headline. Foot Locker, Inc. (NYSE: ) reported worse-than-expected second-quarter results. The company reported second-quarter earnings of 66 cents per share, which missed the analyst consensus estimate of 67 cents. Foot Locker reported quarterly sales of $1.774 billion, which missed the analyst consensus estimate of $1.82 billio.
Brownfield Network 08/23/2019 09:07
The trade tensions between the U.S. and China are escalating. Friday morning, China’s Ministry of Commerce announced new tariffs on. $75 billion of imported goods from the U.S. Bloomberg says that includes an additional 5% tariff on U.S. soybeans,. bringing the total tax to 30%, and another 5% on U.S. crude oil, both beginning. September 1st, along with the renewal of the 25% tariff on U.S. cars, starting. December 15th. The move is in response to President Trump’s planned 10% duties on. another $300 billion of imports from China, effectively taxing everything the. U.S.
Drillinginfo 08/22/2019 14:17
CRUDE OIL US crude oil inventories posted an increase of 1.6 MMBbl last week, according to the weekly EIA report. Gasoline inventories decreased 1.4 MMBbl, while distillate inventories also decreased, shedding 1.9 MMBbl/d. Total petroleum inventories posted a build of 2.4 MMBbl. US crude oil production was flat versus the week before, per EIA, while […]. .

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