Wall Street clôture en baisse, encore dans le sillage de la Fed
August 30, 2022
Wall Street Shares End Lower On Worries Over Fed-induced ‘Pain’
August 30, 2022WTI oil prices tumble 5.5% to finish at $91.64 a barrel, marking the largest one-day percentage decline since July 12. The sell-off comes one day after prices jumped by 4.2% to close at a four-week-high $97.01. Peter Cardillo at Spartan Capital says in a research note the reversal confirms that yesterday’s gains were “speculative,” and says “traders bets on OPEC cutting production are waning.” Adding to today’s sell-off were reports suggesting Iran and the US may be closing in on renewal of a nuclear deal. Crude markets now turn to weekly US oil inventory reports, first from trade group API this afternoon, followed by the official EIA data tomorrow.
