Stock Market Update
18-Sep-24 11:05 ET
Commodity futures limit energy sector
Dow -68.53
at 41537.65,
Nasdaq +25.56
at 17653.60,
S&P -0.56
at 5634.02
[BRIEFING.COM] The market moved mostly sideways over the last half hour.
A short time ago, the weekly EIA Crude Oil Inventories showed a draw of 1.63 million barrels following last week's build of 833,000 barrels. WTI crude oil futures are down 0.1% to $69.86/bbl.
Natural gas futures are also lower, down 1.2% to $2.30/mmbtu. The price action in commodity futures has contributed to the lackluster action in the S&P 500 energy sector (flat).
