FT Vest DJIA Dogs 10 Target Income ETF(DOGG.US)

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Oil rises as concerns about supply disruptions in Venezuela, Iran increase

Oil prices increased due to concerns over supply disruptions in Venezuela and Iran. Brent futures rose 0.71% to $62.43 per barrel, while WTI gained 0.68% to $58.15. The rise follows U.S. President Trump's claim to control Venezuela's oil sector after capturing President Maduro. Civil unrest in Iran and the ongoing Russia-Ukraine war also contribute to supply worries. However, rising global inventories and oversupply may limit further price gains, according to market analysts.

Reuters·
US
CVX
+2.61%
Reuters·
US
CVX
+2.61%

Due to the situation in Venezuela and supply concerns, Brent crude oil surged by 5%, reaching a two-week high

Despite the United States' plan to sell 50 million barrels of Venezuelan crude oil, geopolitical risks are driving oil prices higher. The market's technical support is evident, with CTAs holding a short position of up to 91% in WTI, and a price increase may trigger short covering. Additionally, the rebalancing of commodity indices will bring in capital inflows, and the increased skew of call options indicates that traders are strengthening their hedges

Wallstreetcn·
US
XOM
+3.73%
US
CVX
+2.61%
Wallstreetcn·
US
XOM
+3.73%
US
CVX
+2.61%

Merck in talks to buy biotech Revolution Medicines, FT reports

Merck is in discussions to acquire Revolution Medicines, a cancer drug developer, according to the Financial Times. Shares of Revolution rose 5.2% amid the news. While Merck is pursuing the acquisition, no deal has been finalized, and it may take several weeks. Other pharmaceutical companies are also interested in Revolution, indicating that another bidder could emerge.

Reuters·
US
MRK
+2.20%
US
RVMD
+4.56%
Reuters·
US
MRK
+2.20%
US
RVMD
+4.56%

12:31 ET McDonald's will dedicate January 8 to its past and present employees and their globally renowned professional skills

On January 8th, McDonald's launched the "1/8 Day" celebration to honor past and present employees, emphasizing their core role in restaurants and communities. The event includes nationwide employee recognition and local promotions, aiming to unite the "1/8" community and pay tribute to the lifelong skills gained under the golden arches. In addition, the "Arches and Aspirations: 1/8 Mentor Program" was introduced, showcasing employees' growth stories through a YouTube series

prnewswire·
US
MCD
+1.55%
prnewswire·
US
MCD
+1.55%

SPIE Extends Multi-Technical Maintenance Contract with Merck for Molsheim Site

SPIE SA has extended its multi-technical maintenance contract with Merck for the Molsheim site, expanding the scope to include maintenance of industrial utilities, HVAC systems, and electrical networks. The contract also covers site mobility and building maintenance, including new MOBIUS buildings. SPIE will support Merck in energy efficiency and sustainability initiatives, and has received the 2025 Merck CSR Trophy for its CSR policy and sustainability efforts.

Reuters·
US
MRK
+2.20%
Reuters·
US
MRK
+2.20%
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