Home News STOCK MARKET NEWS:Nasdaq turns higher in choppy trading, oil falls to $88

STOCK MARKET NEWS:Nasdaq turns higher in choppy trading, oil falls to $88

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STOCK MARKET NEWS:Nasdaq turns higher in choppy trading, oil falls to $88

White’s 2024 election speculation: Newsom could be a ‘dangerous threat’

Kaylee McGhee White of the Washington Examiner discusses California Gov. Gavin Newsom’s Florida ad and the 2024 presidential election.

Social media companies should ‘hold to a higher standard’ in preventing mass shootings: Ret.NYPD

Retired NYPD Lieutenant Joe Cardinale said the Highland Park gunman “fell into the cracks of social media security surveillance.”

development story

Recession woes send oil prices lower


U.S. crude fell more than 9% to $88 a barrel on rising recession forecasts, including the Atlanta Federal Reserve’s GDPNow, which now forecasts a 2.1% drop in second-quarter growth, possibly confirming a recession.

development story

Nasdaq curbs losses


Nasdaq Composite Index.



The Nasdaq Composite capped losses early in the afternoon, helped by gains in Micron, Dollar Tree, Google and Amazon.

TSA sets pandemic-era record for July 4 weekend

The Transportation Security Administration (TSA) screened more than 9 million travelers between Thursday and Sunday.

As of Monday, TSA officials screened about 11.3 million people, and more than 2.49 million traveled to the airport on Friday — a pandemic-era record.

development story

U.S. could slip into recession

breaking news

Dow falls 500+ points, oil falls below $100 a barrel

Dow Jones Average.



Investors continued to sell U.S. stocks after a long holiday week on July 4, with all three benchmark averages down more than 1 percent in early trade ahead of Friday’s widely-watched June jobs report. In commodities, oil prices fell sharply by nearly 6% in today’s session, hovering at $91 a barrel.

Gasoline prices continue to decline slowly, with the national average falling to $4.80

Natural gas prices have continued to decline slowly since the national average for regular gasoline topped $5.00 a gallon last month.

This is the highest gasoline price record since AAA Motor Group began tracking data in 2000.

A gallon of regular gasoline was at $4.80 as of Tuesday morning, down 80 cents from a week earlier.

Gasoline prices are still well above their July 2021 prices, when the average price of a gallon was $3.13, according to AAA.

Bitcoin falls below $20,000

Cryptocurrency prices initially fell on Tuesday morning as Bitcoin, Ethereum and Dogecoin were all in negative territory.

Around 5 a.m. ET, bitcoin was trading around $19,815 (-2.17%), down around $440. For the week, Bitcoin fell nearly 2.4%. This month, Bitcoin is down about 32%.

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