Crude Oil Jumps Over 3%; Core & Main Posts Upbeat Q2 Earnings
U.S. stocks fell Wednesday as energy rose and discretionary slumped; Signet and Opus surged, while ServiceTitan plunged. Oil jumped 3.6%.
Oil prices jumped up 3.6%, which usually helps energy companies make more money. When you see oil rising and an energy stock posting good earnings like Core & Main did, it hints the company might be doing well because of higher prices—but remember, prices can change.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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