Stock Market Update
07-Oct-24 10:35 ET
Energy stocks outperform broader market
Dow -149.56
at 42203.19,
Nasdaq -58.39
at 18079.46,
S&P -16.71
at 5734.36
[BRIEFING.COM] The market is little changed at the index level in recent action.
Many stocks are sliding in today's broad retreat, but the S&P 500 energy sector shows a 0.4% gain as oil prices continue to climb. WTI crude oil futures trade 1.8% higher at $75.68/bbl. Chevron (CVX 151.05, +0.31, +0.2%) is among the winners from the sector after news that it sold interests in the Athabasca Oil Sands Project and Duvernay Shale for $6.5 billion.
The market-cap weighted S&P 500 sports a 0.3% loss and the equal-weighted S&P 500 trades 0.5% lower.
