financetom
Market
financetom
/
Market
/
Sector Update: Energy Stocks Lean Lower Premarket Monday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Energy Stocks Lean Lower Premarket Monday
Oct 2, 2024 11:29 PM

09:12 AM EDT, 09/30/2024 (MT Newswires) -- Energy stocks were leaning lower premarket Monday with the Energy Select Sector SPDR Fund ( XLE ) 0.2% lower recently.

The United States Oil Fund ( USO ) was down 0.8% and the United States Natural Gas Fund ( UNG ) was 1% lower.

Front-month US West Texas Intermediate crude oil was up 0.3% at $68.38 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.4% to $71.72 per barrel, and natural gas futures were down 0.3% at $2.89 per 1 million British Thermal Units.

Devon Energy ( DVN ) shares were down 0.2% after the company said late Friday it has closed its $5 billion acquisition of Grayson Mill Energy, adding a high-margin oil and natural gas producer to Devon's US operations.

Duke Energy ( DUK ) said it is continuing to restore power to Florida customers following outages due to Hurricane Helene. Duke Energy ( DUK ) shares were 0.3% lower premarket.

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 >
US STOCKS-Wall Street set for subdued open as investors assess data, Alphabet shines
US STOCKS-Wall Street set for subdued open as investors assess data, Alphabet shines
Nov 25, 2025
* Futures: Dow up 0.06%, S&P 500 off 0.03%, Nasdaq down 0.23% * Alphabet up after report on talks with Meta to supply AI chips * Nvidia ( NVDA ), AMD lead declines after Alphabet report * Retail sales, producer inflation data in focus (Updates to before markets open) By Johann M Cherian Nov 25 (Reuters) - Wall Street's main...
Retail sales miss expectations in September, producer prices rise
Retail sales miss expectations in September, producer prices rise
Nov 25, 2025
NEW YORK (Reuters) -U.S. retail sales rose 0.2% after an unrevised 0.6% gain in August, the Commerce Department said on Tuesday, short of the 0.4% rise expected by economists polled by Reuters.  Separately, the Labor Department said the Producer Price Index for final demand increased 0.3%, which matched expectations, after an unrevised 0.1% drop in August. In the 12 months...
Novagold Up 3% In US Premarket As Reports High-Grade Drill Results and Says Received
Novagold Up 3% In US Premarket As Reports High-Grade Drill Results and Says Received "Positive" Decision From Alaska Supreme Court
Nov 25, 2025
09:10 AM EST, 11/25/2025 (MT Newswires) -- NOVAGOLD RESOURCES ( NG ) was at last look up 3% in US premarket trade, having risen near 6% there yesterday, as it announced Tuesday the final assay results from the 2025 Donlin Gold drill program, marking a significant milestone in the advancement of what is anticipated to be America's largest gold mine....
Sector Update: Tech
Sector Update: Tech
Nov 25, 2025
08:51 AM EST, 11/25/2025 (MT Newswires) -- Technology stocks were declining pre-bell Tuesday, with The Technology Select Sector SPDR Fund (XLK) down 1% and the SPDR S&P Semiconductor ETF (XSD) 0.2% lower. Nvidia ( NVDA ) shares were down more than 4% after The Information reported Monday that Meta Platforms ( META ) is contemplating using artificial intelligence chips designed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved