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Goldman Sachs on Monday picked five top stocks of ahead of their quarterly earnings, saying that it keeps a "constructive" view on the sector thanks to cash...

(Bloomberg) -- Saudi ministers insisted that oil policy decisions would be taken according to market logic and within the OPEC+ coalition, just as US President Joe Biden wrapped up a landmark trip to the kingdom.Most Read from BloombergWall Street Set for New ETF Gold Rush as Single-Stock Era BeginsBiden Left Awaiting Benefits After Fist Bump in Saudi ArabiaThe Most Hated Justice on the Supreme CourtManchin in Driver’s Seat Again After Inflation Fears VindicatedSupply Chains Inching Back to Norm

June's red-hot inflation was largely driven by high oil and gasoline prices. The Consumer Price Index (CPI) shows energy rose 7.5% on a month-over-month basis, contributing to almost half of the all items increase in June. Energy is up 41.6% over the past 12 months.