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Midday Report: Dow, S&P 500 at Records as Crude Turns Positive

June 4, 2023
in Trade Tube
Reading Time: 1 min read
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Stocks moved higher, boosted by a series of earnings reports from the likes of Microsoft , Morgan Stanley and United Continental . Microsoft, in particular, lent upward momentum to Wall Street. Crude oil turned positive after the weekly release on U.S. stocks from the Energy Information Administration showed a decline. Ballooning global supplies and production have been in a scourge to prices for more than a year.

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