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U.S. stocks closed | "Triple Witching Day" saw a major rebound in U.S. stocks! All three major Indexes rose by over 1%; the AI application Concept exploded, with Palantir rising over 8%.
Ed Yardeni, the most accurate Analyst on Wall Street and president of Yardeni Research, is optimistic about the U.S. stock market, predicting that the S&P 500 will reach 7,000 points next year and 8,000 points the year after.
China Oilfield Services (02883.HK) customized equipment has completed sea trials acceptance by the Fujian Provincial Seismological Bureau.
China Oilfield Services (02883.HK) announced that its subsidiary, the Geological Exploration Division, has developed a customized "Hai Jing" simulation gun control system and cable-dragging collection system for the Fujian Provincial Earthquake Bureau, which has recently passed the sea trial acceptance by the Fujian Provincial Earthquake Bureau. This marks the successful transformation of the company's independent equipment into a mature product recognized in the earthquake prevention and disaster reduction market, demonstrating the ability to innovate independently in the development of marine exploration equipment.
Oil: WTI Settles Below $70/bbl – ING
If a "perfect storm" hits, oil prices may fall below 50 dollars next year.
Oil market bulls are now most afraid of an economic recession.....
Noon Crude Oil Analysis: Will crude oil prices be pressured or rebound against the backdrop of a strengthening dollar?
Due to market expectations that a stronger US dollar may suppress oil demand, the Intercontinental Exchange (ICE) Brent Crude Oil Product Futures prices fell slightly in early morning trading in Asia.
Oil Prices Decline As Weak Economic Outlook Fuels Oversupply Fears