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A Reuters poll predicts that the average price of U.S. crude oil in 2026 will be $84.63 per barrel, up from the $80.07 forecast in April.
2026-05-29
A Reuters poll predicts that the average price of U.S. crude oil in 2026 will be $84.63 per barrel, up from the $80.07 forecast in April.
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2026-05-29
The S&P 500 has returned to record highs after a >19% surge in 41 trading days from the March low, but the pace of gains has materially slowed, DataTrek Research says. DataTrek describes the rebound as approaching a two-sigma move—about two standard
The S&P 500 has returned to record highs after a >19% surge in 41 trading days from the March low, but the pace of gains has materially slowed, DataTrek Research says. DataTrek describes the rebound as approaching a two-sigma move—about two standard deviations above any 100‑day average return—which could indicate momentum-driven "quick money" is largely spent. The firm warns investors to prepare for a slower, choppier US summer, with consolidation or range-bound trading likely, Jessica Rabe wrote.
2026-05-29
U.S. equities closed higher: Dow +0.05%, S&P 500 +0.58%, Nasdaq +0.91%. Notable movers: Qualcomm (QCOM.O) +4.24%, Microsoft (MSFT.O) +3.47%, IBM (IBM.N) +3.53%, U.S. Rare Earths (USAR.O) +5.58%; Micron Technology (MU.O) -0.53%, Li Auto (LI.O) -1.52%.
U.S. equities closed higher: Dow +0.05%, S&P 500 +0.58%, Nasdaq +0.91%. Notable movers: Qualcomm (QCOM.O) +4.24%, Microsoft (MSFT.O) +3.47%, IBM (IBM.N) +3.53%, U.S. Rare Earths (USAR.O) +5.58%; Micron Technology (MU.O) -0.53%, Li Auto (LI.O) -1.52%.
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