U.S. stocks rallied on Wednesday, but only after zooming up, down and back up again in a fitting end to what was a wild month and quarter for Wall Street.
World & Policy
Nearby delivery month West Texas Intermediate and ULSD futures on the New York Mercantile Exchange surged in afternoon trade Wednesday.
Oil futures moved mixed in line with their weekly change in inventory reported by the EIA in late morning trade on the last day of the third quarter and ahead of the October oil products contact expirations.
Wall Street is rallying Wednesday on optimism for the economy and rising hope that Washington may pierce through its paralyzing partisanship to offer more aid for it.
Oil futures and Brent crude eroded further overnight, with the U.S. crude benchmark falling to a one-week low below $39 bbl ahead of weekly inventory data from the EIA.
This year's U.N. General Assembly meeting began with calls for multilateralism and cooperation -- a declaration that the urgency for countries to unite “has rarely been greater.” It concluded with a parade of divisive grievances that echoed when the final gavel...
JERUSALEM (AP) -- Israel's parliament on Wednesday passed a law that would allow the government to curtail public protests during the country's nationwide coronavirus lockdown, a measure that drew fierce opposition a day earlier.
What DTN Is Watching
At 7:15 a.m. CDT, the ADP report of U.S. private employment in September will give a clue about Friday's non-farm payrolls report from the Labor Department. An index of pending home sales is due out at 9:00 a.m., followed by the Energy Department's weekly inventory report at 9:30 a.m., including ethanol. At 11 a.m. CDT, USDA will release its quarterly report of Sept. 1 Grain Stocks and Small Grains Summary.Weather
Showers will be isolated and limited to the Great Lakes region, where delays in harvest of corn and soybeans will be possible. Other areas will remain dry with good weather for fieldwork.
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