West Texas Intermediate futures fell more than 6% to $66.85 per barrel. That would be WTI’s biggest one-day drop since July 12, 2022.

Despite headline misses, Apple gave us a lot to like under the hood in its fiscal 2023 first quarter.

Microsoft saw slower Azure growth and device execution challenges in a quarter where it took a $1.2 billion charge, mainly for cutting 10,000 jobs.

The producer price index was expected to decrease 0.1% in December, according to Dow Jones estimates.

The pace of consumer inflation is expected to have fallen in December due to lower energy prices, but the annual rate was still likely uncomfortably high.

Service sectors drove job growth, even as information and professional services shrank.

The economy is expected to have added 200,000 jobs in December, less than November, but still strong enough to keep the Fed aggressively fighting inflation.

With every December I make point of canceling unused subscriptions, and it saves me hundreds of dollars in monthly costs.

“The charts, as interpreted by the legendary Larry Williams, suggest that the Santa Claus rally is coming to town next month,” Cramer said.

Two days after Election Day, Democrats and Republicans have yet to learn which party will control the U.S. Senate and House of Representatives.