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Stock impact report

Oil Holds Losses as Market Turmoil Adds to Fear Over OPEC Output [Bloomberg Business News]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Oil held losses below $67 as global risk assets slid on renewed trade tensions between the U.S. and China as well as political turmoil in Europe, with concerns simmering that OPEC may ease its output curbs. Futures in New York were little changed, and are down over 7.5 percent since Monday last week. U.S. President Donald Trump said he’s moving ahead with plans to impose tariffs on $50 billion of Chinese imports, boosting friction between the world’s biggest economies. Markets are also being rattled by the prospect that Italy might need a fresh election that could be a referendum on its inclusion in the euro zone, with equities tumbling and volatility gauges soaring. The market turmoil is weighing on oil after prices erased all of this month’s gains as the prospect of rising output from Saudi Arabia and Russia emerged ahead of a meeting between the Organization of Petroleum Exporting Countries and its allies in June. Investors are also watching U.S. Show less Read more
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