Energy Stocks Are in the Doldrums After Last Year’s Big Rally

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

After a surge in 2022, energy stocks are the worst-performing sector in the S&P 500 this year

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.

For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.Worries about economy and demand weigh on oil and gas pricesEnergy stocks including Chevron make up the worst-performing sector of the S&P 500 this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Too cheap to ignore': Bernstein predicts huge upside for these 3 clean energy stocksSour investor sentiment toward the clean energy sector may be short-lived, according to the investment bank, which gave one of its stock picks over 100% upside.
Source: CNBC - 🏆 12. / 72 Read more »

Goldman Sachs names 3 stocks to gain from Germany's $440 billion clean energy plansBerlin unveiled its multi-decade plan to spur investment in renewables partly in response to the Biden administration's Inflation Reduction Act.
Source: CNBC - 🏆 12. / 72 Read more »

Zions Bancorp board member buys up shares amid slide in regional-bank stocksA Zions Bancorp director last week made her first purchase of the company's stock since joining the board in 2020.
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. stocks open lower as investors look ahead to April inflation reportU.S. stocks opened lower Tuesday, as investors await remarks from Federal Reserve Bank of New York President John Williams and look ahead to Wednesday’s inflation report. The Dow Jones Industrial Average was down 0.2% soon after the opening bell:
Source: MarketWatch - 🏆 3. / 97 Read more »

AI doing the work of 250 people at an energy company, CEO saysAI is doing the work of 250 people at an energy company and satisfying customers better than trained workers, CEO says
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks might be about to lose the secret to their success in 2023Highflying U.S. stocks could be headed for an uncomfortable descent as the wash of central-bank liquidity that has given equity markets a boost this year...
Source: MarketWatch - 🏆 3. / 97 Read more »