Airline stocks gain as daily travelers top 3 million, exceeding 2019 high

by OverviewFX | Jul 8, 2024 | Stocks

The airline sector traded mostly higher Monday, after data showed there were more travelers at the end of the July 4 weekend than on any day last year or in 2019.

S&P 500 rally is ‘unusually strong’ in 2024. Here’s why stocks may keep rising.

by OverviewFX | Jul 8, 2024 | Stocks

The U.S. stock market’s rally is facing a test that begins this week with company earnings.

Devon Energy to pay $5 billion for unit of EnCap-backed Grayson Energy

by OverviewFX | Jul 8, 2024 | Stocks

Devon is buying acreage in the Williston Basin, an energy-rich area mostly in Montana, North Dakota and Saskatchewan.

Oil prices move lower as Israel-Hamas cease-fire talks ease supply worries

by OverviewFX | Jul 8, 2024 | Stocks

Oil futures moved lower Monday, slipping after Hamas over the weekend gave its initial approval of a U.S.-backed proposal for a phased cease-fire deal with Israel in Gaza.

Why Nvidia’s stock can scale the ‘wall of worry,’ according to UBS

by OverviewFX | Jul 8, 2024 | Stocks

Nvidia’s stock is staging a sharp rally on an upbeat day for the chip sector.

EV maker Lucid’s stock leaps after deliveries jump 70% in Q2

by OverviewFX | Jul 8, 2024 | Stocks

Lucid’s stock rallied Monday, after the electric-vehicle maker reported a big jump in deliveries in the second quarter.