Tag: Energy Stocks

Oil prices, energy companies lead stock market gains

Oil prices, energy companies lead stock market gains

Oil prices end the day at $37.90 per barrel, Brent crude at $40.84 per barrel NEW YORK _ Stocks wavered throughout the day but managed to eke out modest gains Monday as oil prices rose. Investors bought drillers, refiners and other energy companies as the three-week rise in crude continued. Six of 10 industry sectors […]

Jobs report released, oil prices up; energy and metal stocks surge

Jobs report released, oil prices up; energy and metal stocks surge

Oil prices rose to $35.91 a barrel in New York on Friday, Brent crude up to $38.68 NEW YORK _ Stocks are rising Friday for a fourth day straight after the U.S. government said employers added more jobs than expected in February. Energy and metals prices are gaining ground on the latest sign of strength […]

Rising oil prices help US stocks post solid gain

Rising oil prices help US stocks post solid gain

Oil prices surge Thursday afternoon NEW YORK _ A late-day surge pushed U.S. stocks sharply higher Thursday, propelled by a recovery in energy companies and bank stocks, which have been hit hard this year. Investors were also encouraged by positive economic data, including improved orders for long-lasting goods that served as a sign that businesses […]

By February 25, 2016 0 Comments Read More →
Oil prices surge, pushing energy and materials stocks higher

Oil prices surge, pushing energy and materials stocks higher

Oil pricesĀ up Monday morning NEW YORK _ Stocks are jumping Monday as the price of oil surges, lifting energy stocks as well as mining and chemicals companies. The stock market is coming off its best week of the year and has recovered its losses from earlier in the month. KEEPING SCORE: The Dow Jones industrial […]

By February 22, 2016 0 Comments Read More →
Oil price retreats, energy stocks edge lower

Oil price retreats, energy stocks edge lower

Oil price down after big jumps earlier in the week NEW YORK _ Stocks are inching lower Friday as the price of oil retreats, pulling energy companies down. Tech stocks are edging higher following a strong report from chipmaking equipment company Applied Materials, but retail stocks are sliding further after a disappointing report from department […]

By February 19, 2016 0 Comments Read More →
Oil prices rebound, banks rise: US stocks higher midday

Oil prices rebound, banks rise: US stocks higher midday

Oil prices make strong rebound Friday morning A strong rebound in oil prices and an encouraging report on retail sales helped lift the U.S. stock market in afternoon trading Friday, putting it on course for its first gain in a week. Financial and energy companies were among the biggest gainers. Oil was up more than […]

By February 12, 2016 0 Comments Read More →
US stocks move up as tech, energy companies rise

US stocks move up as tech, energy companies rise

Energy companies stock boosted after talks onĀ Russian oil production cuts NEW YORK _ U.S. stocks rose Thursday as the price of oil climbed for the third day in a row on hopes that major oil exporters would cut production. Tech stocks traded higher, led by Facebook and PayPal, while drugmakers fell. Facebook made its biggest […]

By January 28, 2016 0 Comments Read More →
US stocks climb as energy bounces back from big loss

US stocks climb as energy bounces back from big loss

US stocks led by big gains by energy, telecom companies NEW YORK _ U.S. stocks are mostly rising Thursday afternoon and recovering some of their steep losses from the day before. The price of oil also recovered from a big decline, and that lifted energy companies, which have been struggling as energy prices tumble. Keeping […]

By January 21, 2016 0 Comments Read More →