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
Jun 10, 2025 10:58 AM

01:38 PM EDT, 06/10/2025 (MT Newswires) -- Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each rising about 2.2%.

The Philadelphia Oil Service Sector index climbed 3.7%, and the Dow Jones US Utilities index was 0.1% higher.

Front-month West Texas Intermediate crude oil was up 0.1% at $65.35 a barrel, and the global benchmark Brent crude contract was advancing 0.2% to $67.20 a barrel. Henry Hub natural gas futures were 2.6% lower at $3.54 per 1 million BTU.

In corporate news, Marathon Petroleum ( MPC ) shares popped 2.3% after TD Cowen raised its price target to $163 from $152.

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: Health Care
Sector Update: Health Care
Jan 17, 2025
01:44 PM EST, 01/17/2025 (MT Newswires) -- Health care stocks were declining Friday afternoon, with the NYSE Health Care Index down 0.6% and the Health Care Select Sector SPDR Fund (XLV) easing 0.1%. The iShares Biotechnology ETF (IBB) rose 0.3%. In corporate news, Novo Nordisk ( NVO ) shares fell 5.5% after the Department of Health and Human Services said...
Sector Update: Energy
Sector Update: Energy
Jan 17, 2025
01:43 PM EST, 01/17/2025 (MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index up 0.5% and the Energy Select Sector SPDR Fund (XLE) rising 0.8%. The Philadelphia Oil Service Sector index climbed 2.1%, and the Dow Jones US Utilities index added 0.3%. Front-month West Texas Intermediate crude oil was declining 0.5% to $78.26 a...
Sector Update: Financial
Sector Update: Financial
Jan 17, 2025
01:39 PM EST, 01/17/2025 (MT Newswires) -- Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index up 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 0.7%. The Philadelphia Housing Index rose 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.3%. Bitcoin (BTC-USD) spiked 5.2% to $104,732, and the yield for 10-year...
Sector Update: Tech
Sector Update: Tech
Jan 17, 2025
01:43 PM EST, 01/17/2025 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.7% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.3%. The Philadelphia Semiconductor index popped 2.7%. In sector news, the US Supreme Court will allow a ban on TikTok to take effect as scheduled on Sunday after rejecting...
Copyright 2023-2026 - www.financetom.com All Rights Reserved