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jiraporn66
16 Sep 2021 - 07:24:42
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Oil prices hit a six-week high on168Monday (Sept. 13) after US production. still slowly recovering Although Hurricane Ida hit the Gulf of Mexico nearly two weeks ago, Wall Street Shuts Down and Gold Moves Up Keep an eye on economic data and the US Federal Reserve (Fed) meeting.

West Texas Intermedia, or Light Sweet, for October delivery was up 73 cents at $70.45 a barrel. Brent North Sea London for November delivery was up 59 cents at 73.51 a barrel.

Nichant Buchan, oil market analyst at Reystad Energy, said: “The impact of Hurricane Ida is longer than market expectations. While some oil production remained closed this week. Oil prices have risen due to unrecoverable supply.”

U.S. stocks were closed on Monday (Sept. 13) as investors waited for key economic data and the outcome of the Fed meeting in the coming days.

The Dow was up 261.91 points (0.76%) to 34,869.63 points. The S&P was up 10.15 points (0.23 percent) to 4,468.73. The Nasdaq was down 9.91 points (0.07 percent) to 15,105.58.

Markets Remain Amid Signs of Delayed Economic Recovery The spread of COVID-19 and the signs of higher inflation This could result in the Fed speeding up monetary policy.

Investors are also keeping an eye on the debate in Congress. including Democrats' proposal to raise corporate taxes After a decline in 2017 under the administration of President Donald Trump at that time

However, despite such concerns, The Dow may close positive for the first time in six days, with investors eyeing the results of the midweek Fed meeting. and important economic information

Capital market volatility drove gold prices on Monday (Sept. 13) to close slightly higher. But the dollar's strength moved in a narrow range. Comex gold prices for December delivery were up $2.30 to close at $1,794.40 an ounce.

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pikachu chu
01 Oct 2021 - 11:32:37
29 Posts
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