Standing Ovation.
Over the weekend, oil prices rallied to their highest levels in five months, as a fresh wave of US sanctions against Russia’s energy industry threatened to slash supplies from one of the world’s top producers and only added to what is a growing list of financial market worries.
Stock indexes came out of the gate on Monday morning by adding to the losses that have plagued investors so far in 2025, not helped by news of disappointing Apple iPhone sales, Moderna slashing revenue estimates and even Nvidia slipping into the red for the year after Biden’s move to expand AI chip export restrictions…
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