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Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas)
TIGR 10.78+2.8%Oct 31 9:30 AM EDT

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rdkflorida2
From: Ms. Baby Boomer7/29/2022 10:41:28 AM
1 Recommendation   of 4369
 
Energy outperforms and oil prices rise...


BRIEFING.COM

Each of the main Indices has continued to move higher recently with the Nasdaq up 1.6%...

The S&P 500 Energy Sector, thanks to Chevron (CVX 162.30, +11.86, +7.9%) and Exxon (XOM 97.06, +4.42, +4.7%).

Both Companies reported better-than-expected earnings ahead of the open. Only one Sector Component
trades in the red, Kinder Morgan (KMI 17.95, -0.09, -0.5%)...

Also, WTI crude oil futures pushed back above the $100.00/bbl level for the first time this week, up 4.9% to $101.17/bbl....

M
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