Market Updates

Slight Negative Bias in Stocks, Oil Inches Higher

Barry Adams
07 Apr, 2022
New York City

    Broad market indexes turned negative in early trading but small cap index edged up slightly higher as investors digested Fed officials' discussion about rate outlook and a plan to sell U.S. bonds. Crude oil edged higher to just below $97 and international oil hovered near $102 a barrel. Utilities and consumer products companies were in favor as investors looked for safe haven stocks.

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