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Gary Black: U.S. stocks fluctuate as oil drops below $80

Gary Black: U.S. stocks fluctuate as oil drops below $80
U.S. stocks mixed as Brent crude drops

Gary Black, managing partner and investor at The Future Fund, reports that U.S. stocks moved without clear direction in pre-market trading as U.S.-Iran peace talks progressed, causing Brent crude to dip below $80 per barrel.

Bitcoin, gold, and silver prices increased, whereas NVDA and TSLA saw declines. Last week, the U.S. Federal Reserve held interest rates steady at 3.5-3.75 percent, maintaining a hawkish tone and a split among policymakers.

Black has recently highlighted AVGO and MRVL gains driven by renewed Wall Street interest in custom AI chips. He also covered the SPCX IPO, which opened at $150 and rose to $164 in its debut. These reports follow Black’s ongoing tracking of notable market events and tech sector moves.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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