The /ES just keeps changing sides on it, and we wound up pretty close to it at the close. The day was overall bullish although, as it often does, the market faded a bit once Powell strolled away from his podium.
Harold Hamm, oil magnate and founder of Continental Resources, issued a stark warning: if oil prices remain at current levels, drilling in key U.S. shale fields could come to a standstill.
Energy sector faces investor scrutiny due to recent developments. ETFs like XLE, VDE, and UNG offer exposure to energy companies amid market uncertainty.
