Look for unsustainably exuberant levels for the S&P 500 in the coming weeks before optimism, and prices, peak.
Earnings per share expected to hit $1.73 at futures exchange operator.
Global oil prices extended gains Wednesday, taking Brent crude to a fresh three month high, after data indicating a steep rise in U.S. stockpiles followed steeper-than-expected production cuts from key OPEC+ members Saudi Arabia and Russia.
Global oil prices traded at a two-month high Wednesday as investors focused on steeper-than-expected production cuts from key OPEC+ members Saudi Arabia and Russia, offsetting forecasts for weaker demand and record U.S. supply from the International Energy Agency.
Global oil prices traded firmly higher higher Tuesday, rising in concert with firmer world equity markets, ahead of two key reports on the state of U.S. crude production later today along comments from Saudi Arabia's Energy Minister that output from OPEC's largest member will remain below target in the coming months.
Over $30 billion per day was cleared in Latin American rate swaps in 2018, a record high.