Energy equities are experiencing strong selling pressure as crude prices drop
The oil market is currently going through one of the most turbulent periods since the infamous March 2020 collapse, as investors continue to grapple with recessionary fears. Oil prices have continued sliding in the wake of the central bank deciding to hike the interest rate by a record-high 75 basis points, with WTI futures for July settlement were quoted at $104.48/ba...

Cathie Wood’s flagship fund is in danger of plunging below its lowest close in the pandemic crash, threatening another ignominious milestone for the ETF at the heart of a market backlash against speculative tech.
Wood’s main ETF is the standard-bearer for the brutal selloff in expensive tech shares sweeping Wall Street as inflation surges and policy makers rush to raise interest rates aggressively. That pressure hurts bets on profitle...