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Wall Street Breakfast

Oil snaps trend hitting monthly low

Thu, 24 Aug 2023

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Oil prices drop below $80 per barrel on China demand concerns. (0:15) Stocks see sharp reversal from overnight Nvidia enthusiasm. (1:37) Wells Fargo like the look of ‘uber caps.’ (4:55)Episode transcripts seekingalpha.com/wsbSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.Show NotesInitial jobless claims fall for second week in a rowRocket Lab rallies after 40th Electron mission includes reusing an engineSnowflake pops as Q2 results show consumption 'stabilizing,' some 'green shoots'

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