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Crude Oil Sep 24 (CL=F)

NY Mercantile - NY Mercantile Delayed price. Currency in USD
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76.16-1.43 (-1.84%)
As of 06:07AM EDT. Market open.
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    Trump wants to bring down energy prices — why that's not easy

    Republican presidential candidate Donald Trump said his top priority if reelected to the White House will be to “drill, baby, drill” to lower the cost of energy. Oil companies may not comply.

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    Small caps on the rise, commodities pressured: Market Trends

    Small-cap stocks (^RUT) are on the rise again after ending its five-day winning streak last week. This growth comes amid a number of Big Tech earnings, which have been the main market drivers so far this year. Meanwhile, commodities are under pressure as copper (HG=F) and crude oil prices (CL=F, BZ=F) continue to slip. Jared Blikre joins Asking for a Trend to break down some of the major takeaways from the trading day. For more expert insight and the latest market action, click here to watch this full episode of Asking For A Trend. This post was written by Melanie Riehl

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    VP Harris's impact on markets, earnings this week: Catalysts

    In a turn of events over the weekend, President Joe Biden has withdrawn from his 2024 re-election campaign, endorsing Vice President Kamala Harris as the potential Democratic nominee. To explore the potential impact on financial markets, Rice University Professor of History and presidential historian Douglas Brinkley joins Seana Smith and Madison Mills on today's episode of Catalysts. Former Montana Governor (D-Mt.) and co-chair of American Bridge 21st Century Steve Bullock also comes onto the program to discuss the 2024 presidential race and how Harris could win in November. Nvidia (NVDA) is currently working on a new version of its Blackwell AI chips for the China market, which would be compatible with current US export regulations, according to a report from Reuters. Shares of the company are moving higher on Monday morning. Shares of Abercrombie & Fitch Co. (ANF) are moving higher after JPMorgan upgraded the stock to Overweight from Neutral and raised its price target to $194 per share. The analyst behind the call says the brand has "successfully expanded its customer reach," as one of the reasons for the upgrade. Tech giants Alphabet (GOOG,GOOGL) and Tesla (TSLA) are set to release their latest quarterly earnings this week with investors watching closely to get any insight into how the tech sector may play out as many rotate out of Big Tech in favor of small-cap stocks (^RUT). Evercore ISI managing director and head of internet research Mark Mahaney discusses why he believes Alphabet and Uber (UBER) are top picks in the tech sector. For more expert insight and the latest market action, click here. This post was written by Nicholas Jacobino