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US Market Updates

U.S. Stocks May Give Back Ground As Crude Oil Prices Surge

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Stocks may move to the downside in early trading on Monday, giving back ground following the strong upward move seen last Friday. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent.

Some traders may look to cash in on the recent strength in the markets, which lifted the Nasdaq and S&P 500 to new record closing highs in the previous session.

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Market Analysis

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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