Wall Street surged to fresh all-time highs Friday as a softer-than-expected inflation reading strengthened market conviction that the Federal Reserve will cut interest rates by 25 basis points at its Oct. 30 policy meeting.
Energy markets dominated headlines Thursday as a fresh wave of U.S. sanctions targeting Russia's oil giants sparked a sharp rebound in crude prices and lifted energy shares.
Chevron requested a say in Venture Global's proposal to delay Plaquemines LNG's startup, intensifying tensions over the Louisiana export terminal's revised 2027 timeline.
