The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) was the best performer in the energy sector in terms of year-to-date returns in the week ending June 26.
Natural gas futures contracts for August delivery fell by 1.1% on Wednesday. Natural gas prices fell for the third day and settled at $2.69 per MMBtu on July 8.
The non-farm payrolls report for June showed that the US economy added 223,000 jobs. This helped equities reduce losses. Wage growth remained tepid.
NYMEX-traded WTI crude oil futures fell by 1.29% on July 8. Crude oil prices fell due to an unexpected rise in crude oil stocks in the oversupplied market.
Enable Midstream (ENBL) was the worst performer among midstream MLPs at the end of trading on Wednesday, July 8. It fell 4.92% in a single trading session.
According to Sprint, enhancements across spectrum bands contributed positively to the improvement of its network in metro markets in 1H15.
Private payrolls increased by 223,000 in June, while government jobs growth was flat and manufacturing employment barely increased.
WTI crude oil prices closed 4.5% lower in the week ended July 2 at $56.93 per barrel. Brent fell by ~1.8% to $62.07 per barrel.
The Procter & Gamble Company, or P&G, is the largest household and personal products company in the world. It was established in 1837 by William Procter and James Gamble.
If you had to sum up investing in the US markets after the Great Recession in a few words, you would probably say something like “the quest for yield.”
Oracle is looking to expand its presence in the cloud computing business as well as the SaaS (software-as-a-service) and PaaS (platform-as-a-service) segments.
The steel industry’s fundamentals have been weak, led largely by massive global overcapacity and the deep capex cuts announced by energy companies.
In the last five days, amid the recent onset of turmoil, the Technology Select Sector SPDR ETF (XLK), representing large-cap US technology companies, has been outperforming the SPDR S&P 500 ETF (SPY).
In the July 2 week, XLE’s top five holdings fell in the range of 0.85% to 3%, which was quite subdued compared to the losses USO saw during the week.
August natural gas futures contracts trading in NYMEX fell for second day by 1.45% on Tuesday. Natural gas prices closed at $2.71 per MMBtu on July 7, 2015.
As investors withdraw funds from China, where are they parking their funds? Will the China stock market crash benefit anyone?
Targa Resources Partners was the best performer among midstream MLPs at the end of trading on Tuesday, July 7. It rose 5.54% in a single trading session.
August WTI crude oil futures contracts fell slightly by 0.2% and closed at $52.53 per barrel on Tuesday, July 7, 2015. Prices fell for the third day.
Transportation ETFs lagged the S&P 500 after outperforming the market for three consecutive years from 2012 to 2015.
As of June 2015, AIG’s stock has appreciated by about 12% over the past six months and by 11% over the last year.