Are Crude Oil Bears Overshadowing Oil Bulls?
Gordon Kristopher, Market Realist
July 18, 2018
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The S&P 500 rose ~0.4% to 2,809.55 on July 17—the highest closing since February 1. The index rose due to Fed Chair Jerome Powell’s bullish comments about strong US economic growth. The expectations of strong second-quarter earnings results also helped the index.