Markets digest $100 oil, Oracle's 4% jump and Trump's $5,000 dividend plan

  • Samsung launched a campaign targeting iPhone loyalists after Apple's foldable debut.
  • U.S. crude climbed above $100 a barrel, its highest level in more than three months.
  • Trump's $5,000-per-adult dividend proposal faced bipartisan opposition over its likely $1.2 trillion-plus cost.

A market roundup highlighted U.S. crude returning above $100 a barrel, its highest level in more than three months, as the oil surge increased expectations of a Federal Reserve rate hike next week. Oracle shares rose 4% in after-hours trading after the company reported cloud infrastructure revenue that more than doubled. Samsung launched a campaign aimed at iPhone loyalists hours after Apple's foldable debut. Ford said it will invest $1 billion in a new paint shop at its Kentucky Truck Plant. Trump's proposed $5,000-per-adult dividend faced immediate bipartisan opposition over its likely cost of more than $1.2 trillion.

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Markets digest $100 oil, Oracle's 4% jump and Trump's $5,000 dividend plan - CoinPost Terminal