Bloomberg Market Wrap 6/13: S&P 500 High, Oil Prices

The video discusses market actions at the close, focusing on risk assets and long-term trends. It highlights a chart from Bank of America Merrill Lynch, showing the S&P 500 and bond indexes' performance since January 2018. The S&P 500 reached an all-time high, while bond indexes showed mixed trends. A significant rally followed in stocks and bonds. The video also covers oil market movements, noting a rise in prices due to geopolitical tensions in the Persian Gulf, with the Trump administration blaming Iran for tanker attacks. Despite fears of reduced supply, oil price increases were less than expected, reflecting ongoing trade tensions and high inventories.

What trend was observed in the S&P 500 and bond indexes in early 2018?

• Both the S&P 500 and bond indexes were rising.

• The S&P 500 was rising while bond indexes were declining.

• Both the S&P 500 and bond indexes were declining.

• The S&P 500 was declining while bond indexes were rising.

What event caused a significant movement in oil prices according to the second section?

• A new trade agreement

• A natural disaster

• Tanker attacks in the Persian Gulf

• A change in OPEC policies

How did the energy stocks perform in relation to the S&P 500 after the oil price movement?

• They remained unchanged.

• They lagged behind the S&P 500.

• They declined significantly.

• They led the S&P 500.

What has been a major factor affecting oil prices in the US according to the final section?

• Increasing inventories

• New environmental regulations

• Decreasing demand

• Rising production costs

By how much have oil prices fallen since mid-May according to the transcript?

• 25%

• 10%

• 15%

• 20%