Yield discipline, fuel price surge driving LTL rates to new highs in Q2

PepsiCo's quarterly earnings and revenue topped Wall Street's expectations.

Bank of New York Mellon Corp. posted profit that beat analyst estimates as client activity fueled revenue gains during a busy quarter.

Oil contracts remain about a third higher than before the war with Iran but are well below peaks seen in the opening weeks of the conflict. Will Kennedy examines the oil futures curve and physical pricing of barrels on Bloomberg Television. (Source: Bloomberg)

Fundstrat found that while retail investors sold aggressively as the market bottomed at the end of March, hedge funds were buying the dip