Oil Gains 4% on Qatar’s OPEC Exit - Adviser Investments

Oil Gains 4% on Qatar’s OPEC Exit

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Monday, December 3. Major U.S. stock indexes once again advanced, with the Dow Jones Industrial Average and S&P 500 up 1.1% and the NASDAQ gaining 1.5%. International markets also rallied on news of a 90-day trade-war agreement between China and the United States. Also on the global front, civil unrest in Paris continued to escalate following President Emmanuel Macron’s recent fuel-tax announcement. Meanwhile, oil prices rose 4% following Qatar’s announced OPEC departure.

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