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US Market Updates

Extended Surge By Crude Oil Prices May Weigh On Wall Street

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Following the lackluster performance seen in the previous session, stocks may move to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.3 percent.An extended surge by the price of crude oil may weigh on Wall Street amid concerns about a re-escalation of the Middle East conflict.U.S. crude oil...

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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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