Oil fund’s near implosion is the latest market wackiness leaving traders scratching their heads

by Markus Andrews 24 April 2020, 12:52 179 Views

The United States Oil Fund, which invests in oil futures contracts, was guaranteed to be a losing bet over time, but retail investors piled into the exchange-traded fund, perhaps believing it was a bet on the spot price of oil.

US core capital goods orders unexpectedly rise in March, while durable goods orders plunge 14.4%

Since 2000, here’s where Dow, S&P 500 trade one month after wild moves in energy

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Oil fund’s near implosion is the latest market wackiness leaving traders scratching their heads

US core capital goods orders unexpectedly rise in March, while durable goods orders plunge 14.4%

Since 2000, here’s where Dow, S&P 500 trade one month after wild moves in energy

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