OPEC Extends Oil Cut Into 2020

OPEC Extends Oil Cut Into 2020

Adviser Investments Vice President Josh Jones has the market analysis for Monday, July 1. Major U.S. stock market indexes advanced, with the Dow Jones Industrial Average, S&P 500 and NASDAQ up 0.4%, 0.8% and 1.1%, respectively. The S&P 500 closed at a new high as Presidents Trump and Xi’s trade truce eased investor concerns. Meanwhile, oil-producing countries agreed to continue oil cuts for nine months amid worries over slower global demand.

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