|Day's Range||N/A - N/A|
|52 Week Range||undefined - undefined|
Following up on this trade , Yahoo Finance's Jen Rogers and Jared Blikre break down the bullish case in the SPDR® S&P® Oil & Gas ETF (XOP), which tracks: California Resources Corp CRC Carrizo Oil & Gas Inc. CRZO Whiting Petroleum Corporation WLL HollyFrontier Corporation HFC Oasis Petroleum Inc. OAS Chesapeake Energy Corporation CHK SM Energy Company SM Marathon Oil Corporation MRO PBF Energy Inc. Class A PBF QEP Resources Inc. QEP Andeavor ANDV Delek US Holdings Inc DK Occidental Petroleum Corporation OXY Continental Resources Inc. CLR Hess Corporation HES Devon Energy Corporation DVN Valero Energy Corporation VLO Newfield Exploration Company NFX WPX Energy Inc. Class A WPX ConocoPhillips COP Murphy Oil Corporation MUR Phillips 66 PSX Anadarko Petroleum Corporation APC Apache Corporation APA EOG Resources Inc. EOG PDC Energy Inc PDCE Energen Corporation EGN Noble Energy Inc. NBL Pioneer Natural Resources Company PXD Parsley Energy Inc. Class A PE Marathon Petroleum Corporation MPC Callon Petroleum Company CPE Exxon Mobil Corporation XOM RSP Permian Inc. RSPP Chevron Corporation CVX Southwestern Energy Company SWN Cimarex Energy Co. XEC Diamondback Energy Inc. FANG Matador Resources Company MTDR EQT Corporation EQT Gulfport Energy Corporation GPOR Range Resources Corporation RRC Concho Resources Inc. CXO Antero Resources Corporation AR CNX Resources Corporation CNX Cabot Oil & Gas Corporation COG Denbury Resources Inc. DNR Centennial Resource Development Inc. Class A CDEV Laredo Petroleum Inc. LPI SRC Energy Inc SRCI Extraction Oil & Gas Inc. XOG CVR Energy Inc. CVI Kosmos Energy Ltd. KOS HighPoint Resources Corp. HPR Halcon Resources Corp HK Resolute Energy Corporation REN Jagged Peak Energy Inc. JAG Tellurian Inc. TELL World Fuel Services Corporation INT Green Plains Inc. GPRE Bonanza Creek Energy Inc BCEI Ultra Petroleum Corp. UPL Penn Virginia Corporation PVAC SandRidge Energy Inc. SD Ring Energy Inc. REI Renewable Energy Group Inc. REGI Talos Energy Inc. TALO Par Pacific Holdings Inc PARR REX American Resources Corporation REX
The Dow Jones Industrial Average is sliding this morning as investors take some risk off the table ahead of the long Memorial Day weekend. S&P 500 futures have dropped 0.3%, while Dow Jones Industrial ...
U.S. stock-index futures pointed to a mostly lower open Friday as energy stocks looked set to fall, as the market looked set to cap a wild week of geopolitical news ahead of remarks by Federal Reserve policy makers, including Fed Chairman Jerome Powell. Volatility in the space could be amplified if trading is light going into a three-day weekend, with markets closed on Monday in observance of Memorial Day. The energy sector was in focus as the Organization of the Petroleum Exporting Countries major oil producer Russia were considering lifting oil output, sparking a steep decline in crude prices.
Want to know why the Dow Jones Industrial Average is doing what it's doing? S&P 500 futures have fallen 0.2%, while Dow Jones Industrial Average futures have declined 40 points, or 0.2%. Nasdaq Composite futures are little changed.
Business investment rebounds, points to stronger second quarterOrders for durable goods - stuff designed to last at least three years - fell sharply in April because fewer contracts were signed for passenger planes. The numbers: Durable-goods orders fell 1.7% April, but the dropoff stemmed almost entirely from a decline in contracts for Boeing planes. Economists surveyed by MarketWatch had forecast a 1% decline in orders for durable goods — products made to last at least three years.
As noted in the previous part, US steel imports have risen sharply in the last two months despite President Trump imposing the Section 232 tariffs. Looking at product specific action, rebar imports more than doubled last month. Nucor (NUE) is investing in new rebar capacity. Earlier this year, Commercial Metals Company (CMC) acquired some of Gerdau’s (GGB) US rebar mills.
Global stocks remained resilient Friday, despite growing geopolitical concerns following President Donald Trump's cancellation of a summit with North Korea, as investors were soothed by a measured response from Pyongyang and calming volatility in U.S. stock markets. Trump's decision to scrap the much-anticipated June 12 meeting with North Korean leader Kim Jong Un, as well as his recent moves on tariffs and criticism of ongoing trade talks with China, hasn't hit markets in a significant way this week, with the CBOE's key measure of equity volatility, the VIX index, falling to four-month lows and 10-year government bond yields holding around the 3% mark. An official response from Vice Foreign Minister Kim Kye Gwan, which noted that North Korea was "highly appreciated President Trump for having made the bold decision, which any other U.S. presidents dared not, and made efforts for such a crucial event as the summit," and suggested talks could still place, provided markets with broader support Friday as investors head into a three-day weekend in the U.K. and the United States.
The Dow just might saunter to a weekly win, as joy over Memorial Day weekend apparently overcomes any jitters over North Korea or Europe’s latest regulatory maneuver. Ahead of the 101st trading day of 2018, O’Rourke notes the S&P 500 has closed in the green 57% of the time so far this year, on par with 2017’s full-year reading.
U.S. stock futures turned mixed Friday, May 25, as investors were soothed by a measured response from Pyongyang following Donald Trump's cancellation of a planned June 12 summit with North Korea. Kim Kye Gwan, a top official at North Korea's Foreign Ministry, said his country "highly appreciated President Trump for having made the bold decision, which any other U.S. presidents dared not, and made efforts for such a crucial event as the summit," and suggested talks could still place. North Korea was still willing to sit for talks with the United States "at any time, (in) any format," said Kim Kye Gwan.
The big selloff in General Electric Co.’s stock was a rational response to disappointing comments made by Chief Executive John Flannery, and to an “irrational” share rally that preceded it, according to J.P. Morgan analyst Stephen Tusa. The stock (GE) bounced back 3% in active trade Thursday, enough to pace the gainers among Dow Jones Industrial Average (^DJI) components, after plummeting 7.3% the previous session to suffer the biggest selloff in nine years. Wednesday’s tumble came after Flannery’s comments at an industry conference were interpreted to mean the company’s turnaround could take longer than expected and the current dividend was not necessarily safe.
Shares of Hormel Foods Corp. and Sanderson Farms Inc. fell more than 4% Thursday after their quarterly earnings came in short of expectations with both highlighting the inflationary pressures that have weighed on many food companies this season. Sanderson Farms’ stock(SAFM)was down 4.8% and is down about 27% on the year.
U.S. markets will be shuttered Monday, May 28 for the Memorial Day holiday, while London markets not be trading for their own bank holiday.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after Bloomberg reported the Justice Department is opening a probe into alleged spoofing and wash trading at bitcoin exchanges.