Initial Jobless Claims Remain Near 57-Year Lows

Fire Erupts At HF Sinclair Refinery In Tulsa Local media in Tulsa, Oklahoma, report that the HF Sinclair refinery, which has a crude-processing capacity of 125,000 barrels per day, has suffered a fire. This comes just days after another refinery fire in the New Orleans area. Fox 23 News reports that the Tulsa Fire Department is currently on the scene after a fire broke out at the refinery in West Tulsa earlier today. The refinery is critical because it primarily processes sweet crude, can handle some sour Canadian crude, and markets...

In a sign that the US is planning to significantly escalate the war against Iran, the 82nd Airborne Division received orders to deploy to the Middle East.  Axios’s Barack Ravid reported on Tuesday that a senior US official told him, “The 82nd Airborne Division headquarters has received an order from the Pentagon to deploy to […]

Futures Jump As Brent Tumbles Below $90 On Fresh Round Of Iran Ceasefire Optimism A sharp drop in oil prices prompted by a quieter weekend for geopolitics and a pause in MidEast hostilities also sparked a drop in bond yields and the USD. A powerful relief rally in stocks and bonds emerged after a lull in hostilities in the Middle East, and started a week packed with earnings and a stack of interest-rate decisions on a positive note. As of 8.00am ET, Nasdaq futures surged after the index logged its first back-to-back...