SectorsDec 28
Oil Heads for Worst Year Since 2020 as Supply Glut Looms
Brent crude fell to $61 on Friday, down 18% for the year. The IEA projects a 3.84 million bpd surplus in 2026, with prices potentially dropping to $55.
Powell admits the wealth divide is 'clearly a thing' as the top 10% own 87% of stocks while the bottom 50% own 1.1%. Monetary policy can't solve this.
Brent crude fell to $61 on Friday, down 18% for the year. The IEA projects a 3.84 million bpd surplus in 2026, with prices potentially dropping to $55.
Strategists expect double-digit gains next year, with the average target at 7,629 and the most bullish calls reaching 8,000+. Here's what's driving the optimism.
Medical supplies giant Medline raised $6.26 billion in the largest U.S. IPO since Rivian's 2021 offering, with shares jumping 41% on debut.