Bloomberg Market Wrap 9/17: Oil, IPO Market, Gold Prices

What was the main cause of the recent spike in oil prices?

• A new oil discovery

• An attack on a Saudi oil facility

• A decrease in US oil production

• Increased demand from China

How has the IPO market performed relative to the S&P 500 over the past six months?

• It has outperformed the S&P 500

• It has shown no correlation with the S&P 500

• It has performed similarly to the S&P 500

• It has underperformed the S&P 500

What valuation range do analysts currently estimate for WeWork?

• $47 billion

• $20 to $30 billion

• $8 to $10 billion

• $1 to $5 billion

Which companies mentioned are backed by SoftBank and have seen a decline since their IPO?

• Uber and Slack

• Amazon and Google

• Tesla and SpaceX

• Facebook and Twitter

What is the expected Federal Reserve action that is influencing gold prices?

• Introducing a new quantitative easing program

• Raising interest rates by 50 basis points

• Cutting interest rates by 25 basis points

• Maintaining current interest rates