Jim Cramer Returns To ConocoPhillips (COP) As Oil Prices Touch $96
Jim Cramer Returns To ConocoPhillips (COP) As Oil Prices Touch $96
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Why it mattersTrump's remarks on resolving Middle East conflict lifted copper prices and suggest markets are pricing in reduced geopolitical risk, a shift that affects both energy costs and industrial production globally.
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Why it mattersRecord-high corporate profitability signals genuine business confidence in demand and capital deployment, but stock market weakness suggests investor uncertainty about whether gains will be sustained or fairly valued.
Companies are upbeat about demand and capital spending, ICICI Securities says.
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