(AP) -- Technology companies and banks helped lift stocks on Wall Street broadly higher Wednesday, enabling the market to claw back some of its losses after a downbeat start to the week.
World & Policy
Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude traded on the Intercontinental Exchange extended lower for a second session Wednesday, pressuring the U.S. crude benchmark by more than $1 toward $61 per barrel (bbl).
The Growing Climate Solutions Act was reintroduced Tuesday in the U.S. Senate by a larger bipartisan group of senators, led by members of the Senate Agriculture Committee. The bill would create a program to help farmers qualify for a carbon-credit program and certify...
(AP) -- Stocks were mostly higher in early trading Wednesday as investors continued to work through company earnings reports and closely watch the bond market.
Crude and refined products futures and Brent crude traded eroded further in early trade, sending the front-month West Texas Intermediate June contract below $62 per barrel.
The European Union reached a tentative climate deal that is intended to make the 27-nation bloc climate-neutral by 2050, with member states and parliament agreeing on new carbon emissions targets on the eve of a virtual summit hosted by U.S. President Joe Biden.
BEIJING (AP) -- Chinese President Xi Jinping will take part in President Joe Biden's climate summit this week, the government announced Wednesday.
What DTN Is Watching
The U.S. Energy Department will release its weekly energy inventory report at 9:30 a.m. CDT, including ethanol production. Traders will keep close watch on the latest forecasts and any export news that develops. Outside markets will also get attention after Tuesday's lower close in the stock market.Weather
Wednesday features a strong cold wave through all but southeastern crop areas. The cold brings widespread freeze threats from the southern Plains through the Midwest and Mid-South. Field work and planting are also disrupted. This cold wave will also bring late season snow to the eastern Midwest.
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