{"id":116721,"date":"2025-08-03T23:00:12","date_gmt":"2025-08-03T23:00:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/116721\/"},"modified":"2025-08-03T23:00:12","modified_gmt":"2025-08-03T23:00:12","slug":"stock-market-today-live-updates-29","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/116721\/","title":{"rendered":"Stock market today live updates"},"content":{"rendered":"<p>OPEC+ hikes oil production by 547,000 barrels per day for September<\/p>\n<p>Oil prices slipped on Friday, weighed down by a stronger U.S. dollar and the possibility that OPEC+ will further increase its crude oil output.<\/p>\n<p>Dado Ruvic | Reuters<\/p>\n<p>OPEC+ agreed on Sunday to <a href=\"https:\/\/www.cnbc.com\/2025\/08\/03\/opec-makes-another-large-oil-output-hike-in-market-share-push-.html\" rel=\"nofollow noopener\" target=\"_blank\">raise oil production<\/a> by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked to Russia.<\/p>\n<p>OPEC+ cited a healthy economy and low stocks as reasons behind its decision.<\/p>\n<p>Oil prices have remained elevated even as OPEC+ has raised output. <a href=\"https:\/\/www.cnbc.com\/quotes\/@LCO.1\/\" rel=\"nofollow noopener\" target=\"_blank\">Brent crude<\/a><a href=\"https:\/\/www.cnbc.com\/2025\/08\/01\/oil-steadies-as-concerns-about-tariff-impacts-vie-with-russian-supply-threats.html\" rel=\"nofollow noopener\" target=\"_blank\">\u00a0closed<\/a> near $70 a barrel on Friday, up from a 2025 low of near $58 in April, supported in part by rising seasonal demand.\u00a0<\/p>\n<p>&#8220;Given fairly strong oil prices at around $70, it does give OPEC+ some confidence about market fundamentals,&#8221; said Amrita Sen, co-founder of Energy Aspects, adding that the market structure was also indicating tight stocks.<\/p>\n<p>Read more <a href=\"https:\/\/www.cnbc.com\/2025\/08\/03\/opec-makes-another-large-oil-output-hike-in-market-share-push-.html\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.<\/p>\n<p>\u2014 Reuters<\/p>\n<p>Stocks open little changed on Sunday<\/p>\n","protected":false},"excerpt":{"rendered":"OPEC+ hikes oil production by 547,000 barrels per day for September Oil prices slipped on Friday, weighed down&hellip;\n","protected":false},"author":3,"featured_media":116722,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[133,64,81,144,135,139,143,140,145,134,67,132,68],"class_list":{"0":"post-116721","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-breaking-news-markets","9":"tag-business","10":"tag-business-news","11":"tag-dow-jones-industrial-average","12":"tag-markets","13":"tag-nasdaq-100-fut-mar23","14":"tag-nasdaq-composite","15":"tag-sp-500-fut-mar23","16":"tag-sp-500-index","17":"tag-stock-markets","18":"tag-united-states","19":"tag-unitedstates","20":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114967322494514813","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/116721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=116721"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/116721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/116722"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=116721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=116721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=116721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}