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The S&P 500 and Nasdaq closed at record highs on May 15 as tech and energy rose. WTI settled at $48.85 after Russian and Saudi ministers said they would extend output cuts to March 2018.
A crude rebound on the production-cut extension lifts energy-linked input costs, though the report centers on equities rather than feed commodities.
cnbc.comFred ImbertMay 15, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
