Retail stocks appear to be winning as economy rebounds

This commentary was posted recently by fund managers, research firms and market newsletter writers and was edited by Barron’s. July 16: The Covid-19 pandemic is a rare historic event that has had a devastating effect on the stock market. Retail stocks were particularly hard hit. The pandemic turned shopping into …

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Oil drops 1% on prospect of increased supply

Saudi Arabia, UAE reach compromise to unlock more oil U.S. crude inventories drop for eighth consecutive week – EIA Fuel inventories in the United States increased despite reduced production at refineries – EIA Iran nuclear talks set to be postponed to mid-August – sources SINGAPORE, July 15 (Reuters) – Oil …

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