Scalper1 News
Major averages fell on mixed volume with the S&P 500 falling less due to the jump in energy stocks. Light sweet crude oil was up over 15% in yesterday’s trade. Much of Mondayâs gains came after reports that OPEC may consider cutting output to boost oil prices, and on signs of a decline in US oil production. Futures are currently down more than 2% at the time of this writing as China’s official manufacturing purchasing managersâ index fell to a three-year low, further fueling fears of an economic slowdown in China. Scalper1 News
Scalper1 News