financetom
Market
financetom
/
Market
/
Sector Update: Energy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Energy
Jul 19, 2024 6:11 AM

08:54 AM EDT, 07/19/2024 (MT Newswires) -- Energy stocks were steady premarket Friday, with The Energy Select Sector SPDR Fund (XLE) inactive.

The United States Oil Fund (USO) was 0.6% higher and the United States Natural Gas Fund (UNG) was down 0.9%.

Front-month US West Texas Intermediate crude oil was down 0.2% at $82.62 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.2% to reach $84.95 per barrel, and natural gas futures were down 2.5% at $2.07 per 1 million British Thermal Units.

Halliburton ( HAL ) shares were down nearly 4% after the company reported a Q2 revenue of $5.83 billion, up from $5.80 billion a year earlier but missing the $5.95 billion forecast from analysts polled by Capital IQ.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Energy
Sector Update: Energy
Feb 28, 2025
01:22 PM EST, 02/28/2025 (MT Newswires) -- Energy stocks were edging lower Friday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each easing 0.1%. The Philadelphia Oil Service Sector index fell 1.6%, and the Dow Jones US Utilities index was up 0.1%. Front-month West Texas Intermediate crude oil was declining 0.6% to $69.91...
Sector Update: Tech
Sector Update: Tech
Feb 28, 2025
01:26 PM EST, 02/28/2025 (MT Newswires) -- Tech stocks were lower Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) falling 1% and the SPDR S&P Semiconductor ETF (XSD) easing 0.1%. The Philadelphia Semiconductor index shed 0.6%. In corporate news, NetApp ( NTAP ) shares fell past 17% following its quarterly results overnight. The company unexpectedly stumbled in fiscal...
Exchange-Traded Funds, US Equities Lower After Midday
Exchange-Traded Funds, US Equities Lower After Midday
Feb 28, 2025
01:28 PM EST, 02/28/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) was down 0.3%. US equity indexes fell in midday trading Friday after the Federal Reserve's preferred inflation measure matched market expectations. Energy iShares US Energy ETF (IYE) rose 0.1%, and Energy Select Sector SPDR (XLE) was...
Sector Update: Financial
Sector Update: Financial
Feb 28, 2025
01:26 PM EST, 02/28/2025 (MT Newswires) -- Financial stocks advanced in Friday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) both up 0.1%. The Philadelphia Housing Index shed 0.8%, and the Real Estate Select Sector SPDR Fund (XLRE) dropped 0.3%. Bitcoin (BTC-USD) fell 1.4% to $83,563, and the yield for 10-year US Treasuries...
Copyright 2023-2026 - www.financetom.com All Rights Reserved