Stock market today: Nasdaq turns positive, Dow, S&P 500 slip as oil prices ease after spiking above $100

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• When WTI trades in parity to Brent, it's a clear sign the global oil market is under an immense amount of stress

  80% confidence

• The impact of higher fuel costs on airfare would 'probably start quick'

  80% confidence

• This looks more like a short-covering bounce than the start of a durable software comeback

  80% confidence

• G7 agreed on following the oil situation very closely and are ready to take all necessary measures, including using strategic reserves to stabilize the market

  80% confidence

• High oil costs were 'a very small price to pay' for security

  80% confidence

• Lamb Weston should expand the cost reduction program and conduct strategic review of certain international operations, particularly in Asia Pacific

  80% confidence

• Hims had an agreement that mass compounding would stop and unfortunately it didn't stop, which is why Novo ended the first partnership

  80% confidence

• Lamb Weston is well positioned to enter a new phase of value creation defined by structural improvement in margins, capital allocation, and earnings power

  80% confidence

• An additional $250 million in cost cuts is necessary beyond the initial $250 million program

  80% confidence

• Investors appear to be selling their winning longs and buying back one of their biggest shorts, software

  80% confidence

• If banks cannot catch a bid on a steeper curve, that is the warning

  80% confidence

• The Iran situation could lead the US into a recession

  80% confidence

• Iranian military commander said oil would hit $200 per barrel if airstrikes on the country's infrastructure didn't stop

  80% confidence

• The market is trading financials like a credit-stress proxy despite friendlier yield curve

  80% confidence

Data points we hold from this source