Exxon Disappoints on Non-Cash Charges Despite Guyana Boost
Exxon Mobil Corp. plunged the most in six months after higher-than-expected maintenance costs diminished oil-refining results.
Exxon Mobil Corp. plunged the most in six months after higher-than-expected maintenance costs diminished oil-refining results.
A selloff in US Treasuries paused on Friday, bringing yields down from their highest levels of the year, after a report on inflation allayed concern about a spate of hotter-than-expected price data.
The municipal-bond market’s regulator published a note highlighting the risks of buying Build America Bonds that are trading at more than 100 cents on the dollar, which expose investors to potential losses as governments increasingly buy them back under refinancings.
Nvidia Corp. shares are rallying back from last week’s selloff as some of the chip giant’s biggest clients are doubling down on artificial intelligence investments.
Gold is headed for its first weekly loss in six as investors booked profits after the metal’s months-long rally.
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