Energy stocks to extend 2023 reversal as oil prices keep falling

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The energy sector is headed for a second-straight selloff to start the new year, as crude oil prices kept slumping on concerns over a global economic...

The energy sector is headed for a second-straight selloff to start the new year, as crude oil prices kept slumping on concerns over a global economic slowdown. The SPDR Energy Select Sector ETF XLE dropped 1.3% in premarket trading, with all 23 equity components losing ground, after falling 3.5% on Tuesday. The ETF was the best performing SPDR tracker of the S&P 500’s SPX 11 sectors in 2022, as it soared 57.6% last year, but is so far the worst performer this year.

The SPDR Energy Select Sector ETF XLE dropped 1.3% in premarket trading, with all 23 equity components losing ground, after falling 3.5% on Tuesday. The ETF was the best performing SPDR tracker of the S&P 500’s SPX 11 sectors in 2022, as it soared 57.6% last year, but is so far the worst performer this year. Among the more-active XLE components ahead of Wednesday’s open, shares of Occidental Petroleum Corp. OXY , which was the S&P 500’s top performer in 2022 with a 117.3% gain, lost 1.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock Market Outlook 2023: Risks Skewed to the Downside  | Investing.comStocks Analysis by Fawad Razaqzada covering: DAX, Nikkei 225, DAX Futures, US Dollar Index Futures. Read Fawad Razaqzada's latest article on Investing.com
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »