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Stock impact report

Key inflation report may derail interest-rate cuts [Yahoo! Finance]

Occidental Petroleum Corporation (OXY) 
Last occidental petroleum corporation earnings: 2/27 04:13 pm Check Earnings Report
US:NYSE Investor Relations: oxy.com/investors/pages/default.aspx
Company Research Source: Yahoo! Finance
To geopolitical issues. To rising interest rates and jumping oil markets. To a hot economy and new inflation pressures. The result was a week of big gains and losses, especially on Thursday when geopolitical concerns and musings on how many interest-rate cuts the Federal Reserve will make this year, freaked markets Geopolitics is still a big wild card Stocks enjoyed a big rebound rally on Friday after a stronger-than-expected jobs report suggested the domestic economy remains strong. But inflation and geopolitical worries were always at work. Crude oil climbed to $86.91 a barrel, 4.5% gain for the week. Crude has jumped 21% this year. The national retail price of gasoline averaged $3.59 on Saturday . It's up 15.4% for the year. Gold rose to a record $2,345.40 an ounce and is up 13.2% for the year and has jumped 27% since bottoming in October. Related: Analyst revamps Occidental Petroleum stock price target after oil rally Sure, these big commodity-price jumps were Show less Read more
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