Energy stocks are failing to lure retail investors despite skyrocketing oil

  • 📰 financialpost
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 85%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Energy stocks have failed to draw retail investors as they sit out the rally despite exhortations by top strategists to jump in. Read on.

The set-up is a sharp contrast to 2022, when energy stocks were outperforming oil and the broader market. The stock market’s new darlings may be at least partly to blame as the artificial intelligence-themed investing craze has sent stocks such as Nvidia Corp. sharply higher this year.

Some of the divergence can also be traced to the struggles at specific large-capitalization oil stocks, such as Chevron Corp., which accounts for 17 per cent of the S&P 500 energy index. The stock has fallen more than seven per cent year to date, weighed down by concerns over a strike at a major liquefied natural gas project in Australia and disappointing production growth.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 7. in BR

Brasil Últimas Notícias, Brasil Manchetes