This is what traders are talking about.
West Texas Intermediate crude oil hit $62.99 a barrel Wednesday morning, its best level since November 7."We think it's a time to start to move up in credit quality and keep the duration short," Darrell Cronk, the chief investment officer of Wells Fargo's wealth and investment management unit, told Business Insider.The S&P homebuilders exchange-traded fund has surged 20% since December despite some lackluster underlying housing data.
The Senate is investigating a whistleblower's claim that safety inspectors who approved the 737 Max didn't have proper training"Allegation from these whistleblowers include information that numerous FAA employees, including those involved in the Aircraft Evaluation Group for the Boeing 737 MAX, had not received proper training and valid certifications," the Committee on Commerce, Science and Transportation said in a letter to the FAA's acting administrator on Tuesday.
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