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Crude oil in the USA rose by 0.6% on Thursday, and CPI data boosted expectations for the Fed's interest rate cut.
On the morning of the 12th Beijing time, US WTI crude oil futures closed higher on Thursday. CPI data showed a cooling of inflation, boosting hopes that the Fed will cut interest rates later this year. According to data from the US Department of Labor, the inflation rate measured by the consumer price index (CPI) fell 0.1% from May to June, bringing the 12-month inflation rate to 3%, close to the lowest level in over three years. The price of West Texas Intermediate crude oil futures (WTI) for August delivery on the New York Mercantile Exchange rose 52 cents, or 0.63%, to settle at $82.62 per barrel. Brent for September delivery on the Intercontinental Exchange in Europe.
Keefe Bruyette & Woods Adjusts PT on Intercontinental Exchange to $160 From $155, Maintains Outperform Rating
Intercontinental Exchange (ICE) has an average outperform rating and a price target range of $139 to $167, according to analysts polled by Capital IQ.Price: 145.14, Change: +0.73, Percent Change: +0.5
Express News | Barclays Maintains Overweight on Intercontinental Exchange, Raises Price Target to $159
Intercontinental Exchange(ICE.US) Officer Sells US$55,746.35 in Common Stock
$Intercontinental Exchange(ICE.US)$ Officer Kapani Mayur sold 395 shares of common stock on Jul 8, 2024 at an average price of $141.13 for a total value of $55,746.35.Source: Announcement What is
Intercontinental Exchange(ICE.US) Officer Sells US$23.86 Million in Common Stock
$Intercontinental Exchange(ICE.US)$ Officer Sprecher Jeffrey C sold 168.39K shares of common stock on Jul 9, 2024 at an average price of $141.6757 for a total value of $23.86 million.Source:
Express News | NYSE Says Short Interest Fell 2.9% to 16.22 Bln Shares in Late June