Wall Street capped several days of choppy trading Friday with a broad rally that gave the stock market a modest gain for the week.
World & Policy
New York Mercantile Exchange spot-month oil futures rallied to better than two-week highs this afternoon on the back of higher equities, with investors less concerned that a Jerome Powell-led Federal Reserve would rush to raise...
A number of federal lawmakers have been granted a meeting at the White House next week to push for changes to the Renewable Fuel Standard, according to a Reuters report.
-- Technology companies were helping drive U.S. stocks broadly higher Friday as investors pored through the latest batch of company earnings and deal news.
Hewlett Packard Enterprise and HP are leading technology companies higher and banks are also rising as US indexes climb in early trading on Wall Street Friday.
New York Mercantile Exchange spot-month oil futures traded near flat Friday morning after coming off overnight lows as the U.S. dollar steadied near a better than one-week high, while equities moved gained amid risk-on trade.
A bipartisan group of governors working to strike compromise on hot-button policy issues will take on the health care question at an event Friday.
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What DTN Is Watching
The grain and oilseed complex has a busy day ahead of it, starting with early weather forecasts calling for continued dry conditions across Argentina. Weekly export sales and shipment numbers (for the week ending Thursday, February 15) are set for release, and USDA will unveil its annual outlook supply and demand tables. Also, February's Cattle on Feed report is set for Friday afternoon.Weather
Light to moderate rain will extend from the eastern Midwest south to the Texas coast Friday, adding to flooding concerns. The western and northern Midwest, along with the majority of the Plains will have very cold conditions for the season along with freezing precipitation and snow causing transport and safety hazards in some areas. A new round of snow will also be noted in the intermountain West.