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Crude Oil Mar 26 (CLH26.NYM)
| Pre. Settlement | N/A |
| Settlement date | 2026-02-20 |
| Open | 67.78 |
| Bid | 67.61 |
| Last price | 67.66 |
| Day's range | 67.78 - 67.78 |
| Volume | |
| Ask | 68.09 |
- Yahoo Finance Video
Why equities are your 'best opportunity' to beat inflation
The ADP National Employment Report showed private payroll growth slowed in May, signaling a cooling labor market ahead of Friday's jobs report. GDS Wealth Management chief investment officer Glen Smith joins Market Domination to discuss the print and what it means for the Federal Reserve's next interest rate decision. "I think the market is softening a bit as evidenced by the ten-year Treasury coming down, so I think there's going to be some opportunities here going forward in terms of volatility," Smith explains. As inflation continues to be a stressor, he recommends investing in equities as "the best opportunity to beat that inflation number." He points to financials and energy as two attractive sectors in which to invest. When it comes to financials, Smith calls JPMorgan Chase (JPM) the "best breed of bank," as the net interest margin is attractive and lending should pick up when rates fall. On the energy side, he highlights Halliburton (HAL) as a great investment opportunity despite its underperformance. He believes that investors should buy the dip as the company has strong financials and currently sits as one of the largest oil service providers in the world. As inflation continues to put pressure on the economy, Smith believes a rate cut could come in September. Until then, he believes "this is a great time to look at your portfolio. Make sure you're diversified. A lot of allocations have kind of gotten out of whack with [the] 'Magnificent Seven,' everything going on. Make sure you're not over-concentrated in any one sector or stock that might be a little bit speculative at this point." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
Oil prices: Energy markets were expecting 'a gift' from OPEC
Crude oil prices (CL=F, BZ=F) take a dip further following the OPEC+ decision to extend production cuts into 2025 while easing voluntary cuts for its member countries. CIBC Private Wealth US Senior Energy Trader Rebecca Babin likens the oil market to an over-expectant party host: "They [the market] wanted those cuts extended into the end of 2024, and we didn't get the gift. And the market's disappointed. So that was the first kind of reaction lower that we saw on Sunday night into Monday." Babin goes on to describe oil futures' reactions to softening manufacturing data from the ISM. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Oil prices tumble to four-month low
Crude oil (CL=F, BZ=F) prices have plunged to a four-month low after OPEC+ announced an extension of production cuts into 2025. This move has sparked bearish sentiment among investors. Yahoo Finance's Ines Ferré breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
