Friday, April 26, 2024

Week 17: April 22, 2024 -- April 28, 2024

Locator: 46874TOPSTORIES.

Top story:

  • Peace breaks out in the Middle East 
  • No one seems to notice

Top international non-energy story:

  • Ukraine
    • Additional US money for Ukraine, Israel

Top international energy story:


Top national non-energy story

  • Trump criminal trial has begun
  • US personal income at an all-time high.

Top national energy story:

  • WTI trading in narrow range, $82 - $84

Focus on frackinglink here.

Top North Dakota non-energy story:


Top North Dakota energy story:


Geoff Simon's quick connectslink here.

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Market

Market at the close:


For the archives -- what's going on that affected the market today:

  • some tech stocks reported great earnings; GOOG announces a dividend for the first time;
  • personal consumption expenditures "index" seems to be plateauing in the 2.8 - 3.0% range; possibly increasing
  • GDP estimate, GDPNow, for 2Q24, jumped from 1.6% actual 1Q24 to 3.9% estimate 2Q24
  • relatively quiet in the Mideast; though more and more it appears that Israel is yet to move into southern Palestine (Rafah) to clear out Hamas
  • analysts pretty much agree that any "rate cut" in 2024 is getting less and less likely

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