|Day Low/High||47.04 / 48.56|
|52 Wk Low/High||39.96 / 73.33|
While the Houston area deals with the worst storm to hit the Texas coastline in half a century, industry followers are realizing Harvey could have global implications.
Tropical storm Harvey is on track to be one of the most economically damaging storms in U.S. history.
A resilient market brushed aside earlier losses to end the day higher.
Cramer explains what a BHP deal could have meant to the market, and also discusses how ADP could have avoided a showdown.
Here's what you need to know now for Friday, August 25.
Stocks are higher but come off solid gains.
The rig count now stands at 940 overall, with four oil rigs and two natural gas rigs removed.
While shut-in crude oil production is good for commodity prices, shut-in refineries will lead to a surplus of product and a lack of demand for electricity won't help.
Stock futures are narrowly higher as the market waits for Janet Yellen's speech early Friday.
The massive storm is on track to be the first Category 3 Hurricane to hit the U.S. coast in more than a decade.
The strengthening storm could jeopardize 17% of U.S. crude oil production.
Oil companies have been spending too much to produce too little.
Prices and our favorite indicators are still weak on the charts.
And if something doesn't go well in Washington, well, look for defensives.
The Houston-based oil company said it plans to slash $200 million from its $5 billion spending budget.
Diamondback Energy is winning today on Alphabet's earnings miss and the move into resource stocks.
This meeting is routine no more.
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