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Markets See Another Volatile Week, but Bright Spots May be Emerging

Market volatility persists in 2016 as the S&P 500 was down almost 10 percent year-to-date going into Friday trade. Declines in crude oil have largely been to blame due to the oil supply glut and weakening demand. The outlook for oil remains weak because of the ongoing stalemate between OPEC and non-OPEC nations in terms of who will capitulate first and cut production. On Friday morning, however, oil moved sharply higher, prompted by more hints that OPEC is ready to consider a cut in...

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